Clean Energy Fuels Stock Technical Analysis

CLNE Stock  USD 2.21  0.01  0.45%   
As of the 23rd of April, Clean Energy shows the mean deviation of 2.54, and Risk Adjusted Performance of (0.10). Clean Energy Fuels technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Clean Energy Fuels, which can be compared to its peers. Please confirm Clean Energy Fuels standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Clean Energy Fuels is priced correctly, providing market reflects its regular price of 2.21 per share. Please also double-check Clean Energy Fuels jensen alpha, which is currently at (0.72) to validate the company can sustain itself at a future point.

Clean Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Clean, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Clean
  
Clean Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Clean Energy Analyst Consensus

Target PriceAdvice# of Analysts
8.69Strong Buy10Odds
Clean Energy Fuels current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Clean analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Clean stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Clean Energy Fuels, talking to its executives and customers, or listening to Clean conference calls.
Clean Analyst Advice Details
Clean Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Clean Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clean Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Clean Energy Fuels Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Clean Energy Fuels volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Clean Energy Fuels Trend Analysis

Use this graph to draw trend lines for Clean Energy Fuels. You can use it to identify possible trend reversals for Clean Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Clean Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Clean Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Clean Energy Fuels applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Clean Energy Fuels market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.51, which is the sum of squared deviations for the predicted Clean Energy price change compared to its average price change.

About Clean Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Clean Energy Fuels on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Clean Energy Fuels based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Clean Energy Fuels price pattern first instead of the macroeconomic environment surrounding Clean Energy Fuels. By analyzing Clean Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Clean Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Clean Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0044780.005150.004892
Price To Sales Ratio5.112.013.44

Clean Energy April 23, 2024 Technical Indicators

Most technical analysis of Clean help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Clean from various momentum indicators to cycle indicators. When you analyze Clean charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Clean Energy April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Clean stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Clean Energy Fuels is a strong investment it is important to analyze Clean Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clean Energy's future performance. For an informed investment choice regarding Clean Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Energy Fuels. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Clean Energy's price analysis, check to measure Clean Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clean Energy is operating at the current time. Most of Clean Energy's value examination focuses on studying past and present price action to predict the probability of Clean Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Energy's price. Additionally, you may evaluate how the addition of Clean Energy to your portfolios can decrease your overall portfolio volatility.
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Is Clean Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clean Energy. If investors know Clean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clean Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.12
Earnings Share
(0.45)
Revenue Per Share
1.907
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
The market value of Clean Energy Fuels is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Energy's value that differs from its market value or its book value, called intrinsic value, which is Clean Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clean Energy's market value can be influenced by many factors that don't directly affect Clean Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clean Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.