GET DAILY SIGNALSBloom Energy (BE, $17.56) to introduce hydrogen-powered fuel cells in 2021
Bloom Energy shares jumped, following the alternative-energy company’s announcement that it will be introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen.
The company said the fuel cells will be first introduced in South Korea in 2021 through a collaboration with SK Engineering and Construction (an affiliate of SK Group). Currently, Bloom’s existing partnership with SK E&C has sold 120 megawatts of fuel cells in South Korea.
By the end of 2020, Bloom expects to deliver a 100-kilowatt pilot server to South Korea to power an SK E&C facility in early 2021.
"Innovation and execution are fundamental tenets of our business and we are excited about the opportunity to advance the hydrogen economy with our longtime partner, SK E&C", KR Sridhar, founder, chairman, and chief executive of Bloom Energy, said.
The offering promises zero-carbon electricity and transportation solutions.
Tickeron AI-powered scorecard rates BE a Strong Buy.
According to Tickeron, BE enters an Uptrend because Momentum Indicator exceeded the 0 level on June 30, 2020
This indicator signals that BE's price has momentum to move higher, since its current price moved above its price 14 days ago. Traders may consider buying the ticker or exploring call options. In 21 of 24 cases where BE's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 88%.
Current price $17.56 is above $10.10 the highest resistance line found by A.I. Throughout the month of 06/11/20 - 07/14/20, the price experienced a +51% Uptrend. During the week of 07/07/20 - 07/14/20, the stock enjoyed a +15% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where BE's MACD histogram became positive, in 11 of 14 cases, the price rose further within the following month. The odds of a continued Uptrend are 79%.
The price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. In 8 of 10 similar backtested cases where BE's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 80%.
The Aroon Indicator entered an Uptrend today. In 56 of 72 similar cases where BE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 78%.
Bearish Trend Analysis
The RSI Indicator appears to be shifting from an Uptrend to a Downtrend. In 12 of 13 cases where BE's RSI indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 90%.
The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 12 of 12 cases where BE's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 73%. During the last month, the daily ratio of advancing to declining volumes was 2.13 to 1.
The Tickeron Valuation Rating of 19 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (-14.10) is normal, around the industry mean (7.80). BE has a moderately low P/E Ratio (0.00) as compared to the industry average of (24.02). Projected Growth (PEG Ratio) (0.00) is also within normal values, averaging (1.66). Dividend Yield (0.00) settles around the average of (0.58) among similar stocks. P/S Ratio (0.77) is also within normal values, averaging (1.59).
The Tickeron Price Growth Rating for this company is 36 (best 1 - 100 worst), indicating steady price growth. BE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
BE's RSI Indicator ascends from oversold territory
The RSI Oscillator for BE moved out of oversold territory on October 26, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In 29 of the 33 cases the stock moved higher. This puts the odds of a move higher at 88%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 56 cases where BE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.
Following a +11.85% 3-day Advance, the price is estimated to grow further. Considering data from situations where BE advanced for three days, in 266 of 309 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
BE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 09, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BE as a result. In 56 of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 77%.
The Moving Average Convergence Divergence Histogram (MACD) for BE turned negative on October 08, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 38 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
BE moved below its 50-day moving average on October 14, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BE crossed bearishly below the 50-day moving average on October 21, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 80%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 84%.
The Aroon Indicator for BE entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 43 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.
The Tickeron SMR rating for this company is 44 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating steady price growth. BE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 96 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 100 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BE's P/B Ratio (37.121) is slightly higher than the industry average of (3.083). BE's P/E Ratio (236.244) is considerably higher than the industry average of (11.408). Projected Growth (PEG Ratio) (0.594) is also within normal values, averaging (2.910). Dividend Yield (0.000) settles around the average of (0.082) among similar stocks. P/S Ratio (24.876) is also within normal values, averaging (9.055).
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a developer of on-site electric power solutions
Industry ElectricalProducts
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