FuelCell Energy Inc (FCEL)

[jbsliverer]

FCEL is in a critical juncture right now and needs to go up above the 200 day and continue upwards, not just pop above for a week and fall down again below like it has done the last couple of times the pps has crossed above it and then promptly fell below and continued the downward trend.

Both 200 SMA & EMA are continuing downward. It was at 7 last week when it tried and failed to go above it making a new lower high after a new lower low in the long term trend. Now it is at 6.92 still in a downward long term trend.

We have had a shorter term upward trend and a slight turn on the 50 day in the last few days and maybe a chance to change the longer term trend but it is only a shorter term trend and a few days or a week does not change the longer term trend.

That is being mixed up with longer (much longer) forward looking statements and the statements are getting longer and longer out there way past the ability to accurately predict the future. The next 200, 400 trading days in the future does not foresee such positive outlook.

If FCEL does not permanently break that long term 200 day and it continues down, the chart will turn to a negative indication and probably end the shorter term trend. FCEL needs a lot more new investor money, not just old money, traders, and wash manipulation.

The peak of interest has been done with the earnings and subsequent "investor day" and now has been priced in. The strength of the shorter term trend is abating and slowing, taking FCEL to the point it is in now. Can it continue it's trek upwards with only the future statements of profitability many, many yrs out? Or will it need more catalysts with actual results for profitability within the next 200, 400, even 600 trading days for a true long term trend change?


https://www.investopedia.com/ask/answers/013015/why-200-simple-moving-average-sma-so-common-traders-and-analysts.asp
TECHNICAL ANALYSIS TECHNICAL ANALYSIS BASIC EDUCATION
What Is the 200-Day Simple Moving Average?
By J.B. MAVERICK Updated March 01, 2022
Reviewed by SAMANTHA SILBERSTEIN
Fact checked by KATRINA MUNICHIELLO
The 200-day simple moving average (SMA) is considered a key indicator by traders and market analysts for determining overall long-term market trends. The indicator appears as a line on a chart and meanders higher and lower along with the longer-term price moves in the stock, commodity, or whatever instrument that is being charted.

The 200-day SMA seems, at times, to serve as an uncanny support level when the price is above the moving average or a resistance level when the price is below it.

KEY TAKEAWAYS
The 200-day moving average is represented as a line on charts and represents the average price over the past 200 days (or 40 weeks).
The moving average can give traders a sense regarding whether the trend is up or down, while also identifying potential support or resistance areas.
The 200-day and 50-day moving averages are sometimes used together, with crossovers between the two lines considered technically significant.
These crossovers may indicate a golden cross or a death cross.
While the simple moving average is the average of prices over time, the exponential moving average (EMA) gives greater weight to the most recent data.
The 200-Day SMA
The 200-day SMA, which covers roughly 40 weeks of trading, is commonly used in stock trading to determine the general market trend. As long as a stock price remains above the 200-day SMA on the daily time frame, the stock is generally considered to be in an overall uptrend. One frequently used alternative to the 200-day SMA is a 255-day moving average that represents the trading for the previous year.

As a very long-term moving average, the 200-day SMA is often used in conjunction with other, shorter-term moving averages to show not only the market trend but also to assess the strength of the trend as indicated by the separation between moving average lines. For example, comparing the 50-day SMA and 200-day is relatively common.

When moving average lines converge, this sometimes indicates a lack of definitive market momentum, whereas the increasing separation between shorter-term moving averages and longer-term moving averages typically indicates increasing trend strength and market momentum.

Death Crosses and Golden Crosses
The 200-day simple moving average is considered such a critically important trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a "death cross," signaling an upcoming bear market in a stock, index, or other investment.

Death Cross
Death Cross.
Image by Sabrina Jiang © Investopedia 2021

In like fashion, the 50-day SMA crossing over to the upside of the 200-day SMA is sometimes called a "golden cross," referring to the fact that a stock is considered "golden," or nearly sure to rise in price once that happens.

Golden Cross
Golden Cross.
Image by Sabrina Jiang © Investopedia 2021

An article in The Wall Street Journal once questioned the widespread use of 200-day SMA by so many traders in so many types of strategies, arguing that such predictions could become self-fulfilling and limit price growth.1

SMAs vs. EMAs
It is possible that there is also something of a self-fulfilling prophecy aspect to the 200-day SMA; markets react strongly in relation to it partially just because so many traders and analysts attach so much importance to the indicator.

Some traders, however, prefer to follow the exponential moving average (EMA). While the simple moving average is computed as the average price over the specified time frame, an EMA gives greater weight to the most recent trading days. That is, the exponential moving average gives a higher value to recent prices, while the simple moving average assigns an equal weighting to all values. Despite the difference in calculations, technical analysts use EMAs and SMAs in similar ways to spot trends and identify overbought or oversold markets.