Trading Signals: BE Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

Trading Signals: BE Stock Price Prediction and Forecast (Wed. Jul. 25, 2018 - Fri. Feb. 26, 2021)

(Bloom Energy Corporation)
BE latest price $28.5300 (4.39%) ($26.1100 - $28.8900) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Downtrend Pop
Trend Narrative   Downtrend
Average Daily Price Swing   $5.4 (15.2% one month average)
Average Daily Percentage Swing   6.18% (three month average)
Weekly Trend Force   -2.8% (StdDev 6.18%)
Daily Moving Force   -2.4%
Rebound Strength   None(0%)
Trend   -2.84%
Trend Strength   -12.1%
RSI   23
Momentum   2.5
Latest Price   $28.5300(4.39%)
Forecasted Low Price   26.62(-6.7%)
Forecasted High Price   28.96(1.5%)
Direction of Next Movement   Lower(-6.3%)
% Change Needed to Confirm Rebound   4.7% ((29.87))
% Change Needed for Trend Reversal   12.5%
Hourly Trend -2.7% [$28.12(-0.76), $28.15(-0.55)]
Stocks Behave Similarly   Similar Stock List
Complacency   1
Intraday Reversal Probability   N/A.
Daily Trend   BE declines -2.4% a day on average for past five trading days.
Weekly Trend   BE declines -17.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support BE decline at-1.2% a week (76% probability)
ACES(82%)    IWO(78%)    IBUY(73%)    IWM(73%)    TAN(73%)
Factors Impacting BE price   BE will advance at least 0.1% in a week (51% probabilities).
VXX(-61%)    VIXM(-55%)    TBT(-24%)    HYXU(-3%)    SLV(-2%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.4

Relative Volatility 1.9 (options are extremely expensive)

Market Trend Strength   -3.9% (StdDev 6.18%)
Hourly BBV -0.2 ()
Intraday Trend 3.7%

Next Day Open Price   $29.05(1.82%)
1 - 5 Day Possible Target   $20.59(-27.83%)
Inflection Point   Yes
Resistance Level   $35.52
5 Day Moving Average   $28.57(-0.14%)
10 Day Moving Average   $31.21(-8.59%)
20 Day Moving Average   $35.52(-19.68%)
To recent high   -33.1%
To recent low   17.9%
Market Cap   $4.857b

Option Sentiment

Earning Release Date   Tue. Feb. 9, 2021
Analyst One Year Target Price   $17.83 ($8.50 - $24.00)
  6 analysts (last updated on Tue. Nov. 17, 2020)
% to Average Target Price   -37.5%
% to Low Target Price   -70.21%
% to High Target Price   -15.88%

Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. BE price fluctuates within 15.2% (three month std-dev: 6.18% one year average std_dev: 0%) daily (68% of days).
$. BE price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_26_2021	35.52 (-1.4%)	31.21 (-3.4%)	28.57 (-2.4%)	28.15	28.12(0%)	28.53(4.39%)	26.11-28.89	-1.7(-1.3)	-0.2	-2.4%	-2.8%	0%	-2.84%	-12.1%	23	2.5	Downtrend Pop Downtrend Pop	Lower(-5.2%)	1	-1.4	0.4	Downtrend	26.06(-8.67%)	24.63-29.4	4.4	-33.1%-17.9%
2	Feb_25_2021	35.95 (-1.4%)	32.32 (-3.4%)	29.27 (-2.1%)	28.7	28.88(0%)	27.33(-9.11%)	27.06-30	-1.8(-1.7)	-2.6	-0.2%	-3.5%	0%	-2.74%	-10.1%	21	2.3	Rebound	Range(0.9%)	1	-1.8	0.5	Downtrend	25.33(-7.33%)	24.01-28.4	3.36	-35.9%-12.9%
3	Feb_24_2021	36.57 (-1.2%)	33.7 (-3%)	29.91 (-1.9%)	29.67	28.17(0%)	30.07(6.25%)	27.75-30.29	-2(-1.4)	-0.3	-1.4%	-2.9%	3.2%	-2.54%	-7.8%	26	2.1	Downtrend Pop	Range(-1.1%)	0	-1.6	1.1	Relative Oversold	29.25(-2.73%)	25.38-32.41	3.72	-29.5%-24.3%
4	Feb_23_2021	37.15 (-1.2%)	34.84 (-2.8%)	30.5 (-4.4%)	30.05	28.52(0%)	28.3(-1.12%)	24.75-28.53	-2.2(-1.9)	-1.7	-7.3%	-3.3%	9.6%	-2.3%	-6.2%	30	1.9	Growing Downtrend	Range(-0.4%)	1	-2	1.5	Growing Downtrend	26.95(-4.77%)	25.67-29.44	6.3	-33.6%-28.2%
5	Feb_22_2021	37.71 (-1%)	36.29 (-2.2%)	31.91 (-6.9%)	31.76	31.17(0%)	28.62(-10.67%)	28.33-31.61	-2.2(-2.2)	-2.9	-4%	-3.2%	8.6%	-1.82%	-3.8%	34	1.6	Breakdown	Higher(6.7%)	2	-2.3	1.7	Growing Downtrend	27.72(-3.16%)	26.75-29.71	4.63	-32.9%-29.6%

6	Feb_19_2021	38.33 (-0.6%)	37.7 (-1.2%)	34.27 (-4.5%)	33.68	31.59(0%)	32.04(4.95%)	31.57-33.65	-1.8(-1.8)	-2.6	-3.9%	-2.1%	0%	-1.06%	-1.6%	48	1.4	Downtrend Pop	Lower(-6%)	3	-2	1.9	Relative Oversold	32.58(1.7%)	30.26-34.48	5.48	-24.9%-71.6%
7	Feb_18_2021	38.65 (-0.4%)	38.71 (-0.6%)	35.87 (-5.7%)	35.63	32.35(0%)	30.53(-7.48%)	29.75-32.2	-1.4(-2.5)	-2	-8.4%	-2.4%	0%	-0.54%	0.1%	41	1.3	Breakdown	Lower(-7.1%)	4	-2.8	1.9	Downtrend	30.41(-0.4%)	29.89-31.61	8.21	-28.4%-64.9%
8	Feb_17_2021	39.1 (-0%)	39.83 (0%)	38.05 (-4.4%)	37.89	35.76(0%)	33(-6.65%)	31.66-35.42	-0.7(-2.3)	-1.7	-6.9%	-1.4%	0%	0.04%	1.9%	40	1	Breakdown	Lower(-5%)	5	-2.8	2.1	N/A	34.4(4.23%)	32.83-35.67	7.27	-22.6%-78.3%
9	Feb_16_2021	39.48 (0.4%)	40.47 (0.4%)	39.81 (-3.5%)	39.9	38.91(0%)	35.35(-12.59%)	35.21-40.05	0(-1.8)	-2.8	-3%	-0.6%	0%	0.42%	2.5%	39	0.9	Downtrend Reversal	Range(2.7%)	6	-2.4	2	Uptrend Consolidation	36.34(2.81%)	36.65-35.42	8.14	-17.1%-91%
10	Feb_12_2021	39.57 (0.6%)	40.75 (0.8%)	41.27 (-0.9%)	41.03	40.01(0%)	40.44(0.97%)	38.62-41.38	0.8(0.4)	-1.7	-1.8%	0.9%	0%	0.76%	3%	56	0.9	Confirmed Correction	Range(-0.9%)	6	0.1	2.1	Growing Uptrend	40.77(0.82%)	40.33-40.88	2.2	-5.2%-136.5%

11	Feb_11_2021	39.49 (0.8%)	40.26 (0.8%)	41.66 (-0.8%)	41.79	40.89(0%)	40.05(-3.28%)	37.88-41.54	1.1(0.3)	-1.8	-2%	0.6%	0%	0.74%	1.9%	51	0.9	Correction	Range(0.2%)	6	0.1	2.2	Uptrend	40.4(0.87%)	39.94-40.59	4.23	-6.1%-134.2%
12	Feb_10_2021	39.42 (1%)	39.93 (0.8%)	42 (0.2%)	42.39	42.05(0%)	41.41(-0.98%)	40.11-43.92	1.4(0.9)	-1	-0.6%	0.7%	0%	0.86%	1.3%	59	0.9	Uptrend Consolidation	Range(0.6%)	6	0.8	2.2	Uptrend	41.78(0.9%)	41.07-42.08	3.65	-2.9%-166%
13	Feb_9_2021	39.14 (1.2%)	39.67 (0.8%)	41.91 (1.7%)	42.26	42.7(0%)	41.82(-1.95%)	41.41-43.02	1.5(1.2)	1.3	0.7%	0.4%	0%	0.94%	1.4%	57	0.9	Growing Uptrend	Range(2.1%)	7	1	2	Uptrend Dip	42.94(2.68%)	40.75-43.49	2.99	-1.9%-169.3%
14	Feb_8_2021	38.79 (1.4%)	39.59 (0.6%)	41.21 (2.7%)	41.62	42.74(0%)	42.65(0.68%)	42.23-44.95	1.4(1.6)	4.2	2.6%	1.1%	0%	0.88%	2.1%	55	1	Growing Uptrend	Higher(3.7%)	7	1.4	1.8	Growing Uptrend	43.22(1.33%)	41.88-43.55	2.76	0%-174.6%
15	Feb_5_2021	38.39 (1.4%)	39.15 (0.4%)	40.13 (3.9%)	40.3	41.82(0%)	42.36(1.46%)	40.57-43.13	1.2(1.7)	2.8	3.5%	0.8%	0%	0.74%	2%	62	1	Growing Uptrend	Higher(4.3%)	7	1.3	1.7	Growing Uptrend	42.82(1.08%)	41.6-43.12	2.51	0%-189.5%

16	Feb_4_2021	37.96 (1.4%)	38.88 (0%)	38.64 (2.9%)	38.77	40.5(0%)	41.75(1.93%)	40.39-42.56	0.8(1.6)	2.3	3.7%	1.2%	0%	0.46%	2.4%	55	1	Growing Uptrend	Higher(4.9%)	6	1.2	1.5	Growing Uptrend	42.02(0.64%)	41.05-42.26	4.11	0%-202.5%
17	Feb_3_2021	37.41 (1.2%)	38.45 (-0.2%)	37.56 (1.1%)	37.42	38.77(0%)	40.96(6.83%)	37.76-41.12	0.5(1.3)	2	2.8%	1%	0%	0.18%	2.8%	55	1.1	Growing Uptrend	Higher(3.8%)	6	1.2	1.7	Correction	39.65(-3.21%)	38.33-41.25	3.74	-1.3%-196.8%
18	Feb_2_2021	36.8 (1.2%)	38.18 (-0.2%)	37.17 (-1.7%)	36.91	37.04(0%)	38.34(2.93%)	36.42-38.79	0.3(0.5)	0.1	0.7%	0.2%	0%	0.18%	3.7%	57	1.3	Growing Uptrend	Range(0.9%)	6	0.5	1.4	Correction	37.69(-1.7%)	37.02-38.51	2.89	-7.6%-195.2%
19	Feb_1_2021	36.29 (1.2%)	38.32 (0.2%)	37.8 (-0.7%)	37.28	36.07(0%)	37.25(6.7%)	34.2-37.4	0.4(0.3)	-1.2	-1.9%	0.4%	0%	0.5%	5.6%	58	1.6	Correction	Range(-1.5%)	6	0.4	1.1	N/A	37.47(0.58%)	36.67-38.12	3.43	-10.2%-186.8%
20	Jan_29_2021	35.89 (1.2%)	38.27 (0.4%)	38.05 (-2.7%)	38.24	36.78(0%)	34.91(-3.91%)	34.65-37.85	0.5(-0.3)	-2	-3.6%	-0.6%	0%	0.62%	6.6%	54	1.6	Downtrend Reversal	Range(-2.2%)	7	0.2	0.2	Uptrend Consolidation	35.14(0.67%)	35.1-35.28	3.42	-15.8%-176.2%

21	Jan_28_2021	35.61 (1.4%)	38.7 (1%)	39.1 (-0.7%)	39.19	38.49(0%)	36.33(-6.91%)	35.16-39.86	0.9(0.2)	-1.6	-1.9%	-0.2%	0%	1.08%	8.7%	59	1.7	Downtrend Reversal Correction	Range(1.4%)	8	0.4	0.6	Uptrend Consolidation	36.22(-0.29%)	35.9-37.18	5.01	-12.4%-187.4%
22	Jan_27_2021	35.22 (1.6%)	38.97 (1.4%)	39.36 (0.2%)	39.44	39.71(0%)	39.03(-5.92%)	37.24-41.75	1.1(0.9)	0	0.1%	1%	0%	1.48%	10.6%	71	1.9	Uptrend Dip	Higher(4.1%)	9	1.1	0.9	After Top	39.87(2.15%)	36.8-42.38	5.35	-5.9%-208.8%
23	Jan_26_2021	34.69 (1.6%)	38.66 (1.8%)	39.27 (0.8%)	39.07	39.89(0%)	41.48(7.74%)	38.03-41.58	1.2(1.5)	2	1.4%	1.7%	0%	1.8%	11.5%	79	2	Growing Uptrend	Range(3.1%)	9	1.5	1.5	Uptrend	43.21(4.18%)	40.08-44.56	5.87	0%-228.2%
24	Jan_25_2021	34.12 (1.8%)	37.98 (2.2%)	38.96 (1.1%)	38.65	39.17(0%)	38.5(-4.18%)	38.35-42.19	1.3(0.9)	0.3	1.6%	1%	0%	2.12%	11.3%	78	2	Uptrend Dip	Higher(4.7%)	9	0.9	2.2	Uptrend Dip	43.56(13.13%)	36.68-45.28	4.21	-4.2%-204.6%
25	Jan_22_2021	33.71 (1.8%)	37.63 (2.6%)	38.55 (0.7%)	38.36	38.24(0%)	40.18(6.86%)	36.9-40.25	1.3(1.4)	2.7	0.6%	1.7%	0%	2.36%	11.6%	76	2	Growing Uptrend	Range(2.3%)	9	1.5	2.1	Uptrend	42.47(5.69%)	38.8-44.03	3.58	0%-217.9%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low