FuelCell is Trading Below 50 and 200 Day SMA: How to Play the Stock?
FuelCell Energy (FCEL) is trading below its 50-day and 200-day simple moving average (SMA), signaling a bearish trend. FCEL shares have declined 44.8% in the past six months against its industry’s rally of 41.1%.The company reported a negative earnings surprise in the fourth quarter of fiscal 2024. Yet, in 2025, the company’s operations are expected to be better due to its global restructuring, which will focus on FCEL’s core technologies for distributed power generation, grid resiliency and data center gro ...