Technical Analysis: FCEL's current price at $7.28 shows a bearish trend with RSI-14 at 36.98 indicating oversold conditions. The stock is trading below all major moving averages (SMA 5: $7.63, SMA 20: $7.59, SMA 200: $14.07), suggesting sustained downward pressure.
News Impact:
Price Levels:
Next Week Price Prediction: Based on technical indicators and recent news catalysts:
Recommendation: SELL
Rationale:
The price of FCEL is predicted to go up -12.79%, based on the high correlation periods with FATE. The similarity of these two price pattern on the periods is 98.51%.
FCEL
FATE
Year
FCEL Price Forecast($)
Potential Return(%)
2025
8.000
-26.270
2026
12.500
62.760
2027
12.000
56.250
2028
15.000
95.310
2029
5.000
-34.900
2030
15.000
95.310
Jefferies
2024-12-20
Price Target
$15 → $8.4
Downside
-19.39%
Wells Fargo
2024-11-13
Price Target
$30 → $5
Downside
-16.11%