On Tuesday, the main indices experienced a slight decrease. The Dow Jones Industrial Average finished Monday down approximately 0.6%, while the S&P 500 and Nasdaq Composite declined by about 0.2% and 0.1% respectively. Our robots also didn't show significant dynamics, but there were some interesting moments. For instance, FUELCELL ENERGY stocks decreased by 3% following the drop in oil prices, and the robots profited well from the decline.
Spotlight on the Robot: Choppy Market Trader - Popular Stocks Market Neutral Strategy (TA/FA), Resurging After Standard Consolidation
After a three-day decline, the stock is expected to continue falling. Historical data reveals that in 50 out of 62 instances where FCEL experienced a three-day decline, the price subsequently rose further within the following month. However, the odds of a continued downward trend are currently estimated at 90%.
Additionally, the Aroon Indicator for FCEL entered a downward trend on May 05, 2023. This suggests a potentially significant downward movement for the stock. Traders may want to consider selling the stock or purchasing put options.
The Moving Average Convergence Divergence (MACD) for FCEL turned positive on September 01, 2023. Looking at past instances where FCEL's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
FCEL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FCEL as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FCEL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FCEL entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (0.779) is normal, around the industry mean (5.427). P/E Ratio (0.000) is within average values for comparable stocks, (37.597). FCEL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.509). FCEL has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (3.526) is also within normal values, averaging (28.123).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. FCEL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (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 PE Growth Rating for this company is (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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FCEL’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 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of installs and services fuel cell power plants for distributed power generation
|MFs / NAME||Price $||Chg $||Chg %|
|Morgan Stanley Multi-Asset Real Return C|
|JPMorgan Value Advantage A|
|Federated Hermes MDT Balanced A|
|American Beacon Stephens Mid-Cap Gr Y|
|Victory Growth & Income Class A|
A.I.dvisor indicates that over the last year, FCEL has been closely correlated with PLUG. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if FCEL jumps, then PLUG could also see price increases.