Decline depth
-41.0%
From rolling 252-day high of $37.88, 47d ago.
Past the 40% Red List threshold.
Red ListRecovering
FCELFuelCell Energy, Inc.
Industrials · Electrical Equipment & Parts · small-cap ($353M)
-41.0%
from rolling 252-day high of $37.88 set 2026-06-30 · 47d ago
Current
$22.37
Decline depth
-41.0%
Decline σ
2.3σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$FCEL has been tracked since 2026-03-01. It was down 30.5% from its 52-week high then — now down -41.0%.
It has clawed back 117.1 percentage points off that level. It bottomed 48.0% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
FCEL qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
2.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (9.62% per day).
The structural read
What price action says about FCEL.
FCEL qualifies for the Red List on decline depth — down -41.0% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy. Depth plus recency: this is the pattern many investors call a falling knife.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether FCEL's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.
Upstream TFC read: strong alignment, current phase weekly. Last bar types — daily 2U (green), weekly 2U (green), monthly 1 (green).
Earnings on file: 2026-03-09. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about FCEL
What people ask.
Why is FCEL on Broken Stocks?
FCEL qualifies for the Red List on decline depth. It is down -41.0% from its rolling 252-day high of $37.88, set on 2026-06-30 — 47d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for FCEL?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — FCEL is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is FCEL a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. FCEL is down -41.0% from its 52-week high of $37.88, set 47d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is FCEL a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is FCEL trading inside its 52-week range?
At $22.37, FCEL sits 100.0% of the way from its 52-week low ($3.58) to its 52-week high ($11.99). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has FCEL been declining?
The current 41.0% decline accrued over 47d, which annualizes to roughly -318.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does FCEL compare to its sector?
There are 122 other Industrials tickers on Broken Stocks: 51 Red, 31 Amber, 40 Watch, with 39 showing recovering structural signals. Median sector decline is -31.7% — FCEL's decline is deeper than the sector median.
Does FCEL's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-03-09) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.