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FuelCell Energy, Inc.

Stage 3 · Topping · week 8

As of Oct 22, 2026, FuelCell Energy is in Stage 3, the topping phase, now in week 8 (since Aug 28, 2026). It closed at $11.58, 67.8% below its 52-week high and below its 200-day average, which is rising.

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. More about the company

$11.58
-12.27% today
$926M · Small cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

Is FCEL early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 17w
S4 44w
S4 18w
S2 17w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 17w → S1 11w → S4 44w → S1 5w → S4 18w → S1 9w → S4 5w → S1 3w → S2 9w → S3 7w → S2 6w → S3 7w → S2 17w → S3 8w current
Total tracked: 165 weeks across 14 stage runs.

FCEL among Electrical Equipment & Parts5th of 53 by relative strength

All 53 →
Stocks in Electrical Equipment & Parts ranked by relative strength, with stage and one-month change
#StockStageRS1M
1OESXStage 2 · wk 996−29.2%
2BEStage 2 · wk 495−20.9%
3PLPCStage 2 · wk 1184−22.3%
4ESPStage 2 · wk 983−18.4%
5FCELStage 3 · wk 881−32.6%
6ENSStage 4 · wk 581−6.0%
7POWLStage 4 · wk 577−21.8%
8NVTStage 2 · wk 376−21.6%
vs 52W High
-67.8%
$6.00 lo$36.01 hi
67.8% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 8
1w13w26w
Week 8, distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-21.8%
200 DMA: $14.81 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.53x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-32.6%
3M
-45.5%
6M
-4.8%
YTD
+41.7%
1Y
+39.4%
Scan Membership
Breakout Watch
Latest: 2020-11-20
3 appearances in last 60 days. First seen: 2020-01-14.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 8 · Vol 1.53x
2026-10-21S3
Wk 8 · Vol 1.22x
2026-10-20S3
Wk 8 · Vol 0.88x
2026-10-19S3
Wk 8 · Vol 0.70x
2026-10-16S3
Wk 7 · Vol 0.95x
2026-10-15S3
Wk 7 · Vol 0.94x
2026-10-14S3
Wk 7 · Vol 1.08x
2026-10-13S3
Wk 7 · Vol 1.02x
2026-10-12S3
Wk 7 · Vol 1.04x
2026-10-09S3
Wk 6 · Vol 0.82x
2026-10-08S3
Wk 6 · Vol 1.41x
2026-10-07S3
Wk 6 · Vol 1.70x
Moving averages & range
50 DMA
$17.02
200 DMA
$14.81
52W High
$36.01
52W Low
$6.00
5D Low
$11.58
Resistance levels (recent highs)
20d High
$20.65
60d High
$23.62
120d High
$36.01
250d High
$36.01
Next resistance
+78.3%
to 20d High
ROE
-21.4%
Profit margin -113.6%
Dividend Yield
0.00%
P/B 0.9

FuelCell Energy: quick answers

What stage is FuelCell Energy in?

As of Oct 22, 2026, FuelCell Energy (FCEL) is in Stage 3, the topping phase. It entered Stage 3 on Aug 28, 2026 and is in week 8. What the four stages mean

Is FuelCell Energy in an uptrend?

Its uptrend has stalled. FuelCell Energy is in Stage 3, the topping phase that follows an advance. It trades 21.8% below its 200-day average, which is rising.

How far is FuelCell Energy from its 52-week high?

FuelCell Energy closed at $11.58 on Oct 22, 2026, 67.8% below its 52-week high of $36.01. Its 52-week low is $6.00.

How has FuelCell Energy performed over the past year?

As of Oct 22, 2026, FuelCell Energy is up 39.4% over the past year and up 41.7% so far in 2026.

Which sector and industry is FuelCell Energy in?

FuelCell Energy is in the Electrical Equipment & Parts industry, part of the Industrials sector.

About this companyIndustrials· Electrical Equipment & Parts

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen. It also offers carbonate fuel cell products in various configurations and applications of its platform, including on-site power, grid support, and microgrid; carbon capture, recovery, and utilization technologies; and carbonate-based Tri-gen system that produces zero-carbon hydrogen. In addition, the company sells electricity, heat, steam, capacity, and renewable energy credits. In addition, the company provides turn-key solutions, including development, engineering, procurement, construction, interconnection, and operation services for fuel cell projects. It serves utilities and independent power producers, data centers, wastewater treatment, commercial and hospitality, and microgrids; and industrial, commercial, municipal, and government customers, including manufacturing facilities, pharmaceutical processing facilities, universities, and healthcare facilities. The company primarily operates in the United States, South Korea, Europe, and Canada. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.