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TMCNet:  Hot Stock: FuelCell Energy, Shares Gain 5.1% (FCEL)

[April 22, 2013]

Hot Stock: FuelCell Energy, Shares Gain 5.1% (FCEL)

Apr 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- FuelCell Energy (NASDAQ:FCEL) is one of today's best performing low-priced stocks, up 5.1% to $1.04 on 1.5x average daily volume. FuelCell Energy has traded 1.3 million shares thus far today, vs. average volume of 862,000 shares per day. The stock has outperformed the Dow (5.1% to the Dow's -0.1%) and outperformed the S&P 500 (5.1% to the S&P's 0.2%) during today's trading.

In the past 52 weeks, shares of FuelCell Energy have traded between a low of $0.83 and a high of $1.39 and are now at $1.04, which is 25% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 2.2%.

FuelCell Energy, Inc. develops and commercializes fuel cell power plants for electric power generation. The Company also has contracts to develop its fuel cells for use of alternative fuels and for marine transportation applications. FuelCell has research and development contracts with government and industry.

FuelCell Energy (NASDAQ:FCEL) has potential upside of 104.3% based on a current price of $1.04 and analysts' consensus price target of $2.12. The stock should find initial support at its 50-day moving average (MA) of $0.99 and further support at its 200-day MA of $0.99.

SmarTrend is monitoring the recent change of momentum in FuelCell Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of FuelCell Energy in search of a potential trend change.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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