On a relative basis, the stock has outperformed the S&P 500 by 0.32% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.38% in the last 1 week, and is up 0.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 2.69%.The 200 Day SMA reached 14.16%. FuelCell Energy Inc. has dropped 38.68% during the last 3-month period . Year-to-Date the stock performance stands at 6.45%.
FuelCell Energy (NASDAQ:FCEL): After opening at $5.22, the stock dipped to an intraday low of $5.17 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.4 and the buying power remained strong till the end. The stock closed at $5.28 for the day, a gain of 2.33% for the day session. The total traded volume was 342,249. The stocks close on the previous trading day was $5.16.
FuelCell Energy, Inc. is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services ultra-clean, stationary fuel cell power plants for distributed power generation. It provides turn-key power generation solutions to its customers, including power plant installations, as well as power plant operation and maintenance. The Companys Direct FuelCell (DFC) power plants utilize carbonate fuel cell technology, and produce base load electricity. It has two primary markets for its products, which include Ultra-Clean Power and Renewable Power. The Company also offers solutions, such as DFC-ERG (Direct FuelCell Energy Recovery Generation) and HEFC (High Efficiency Fuel Cell). The Company operates in South Korea, the United States, Asia, Europe and Canada. Its customers include utility companies, municipalities, universities, government entities and a variety of industrial and commercial enterprises.