Clean Energy Fuels (CLNE) 3-Month Price Prediction:
- Current Short-Term Trend: The stock has experienced a recent uptick, with a 6.05% gain on the last trading day, rising from $2.48 to $2.631. This indicates a positive short-term trend.
- Analyst Price Targets: The average 3-month price target from Wall Street analysts is $7.00, with a high forecast of $22.00 and a low forecast of $4.002. This suggests a potential for significant growth or volatility in the stock's price.
- Technical Indicators: The Fear & Greed Index is at 39 (Fear), which suggests that investors may be cautious or fearful about the stock's future performance3. Additionally, the stock has recorded 12/30 (40%) green days with 6.04% price volatility over the last 30 days3.
- Market Sentiment: Given the current short-term trend, the stock is expected to rise 17.22% during the next 3 months, with a 90% probability of holding a price between $2.99 and $3.36 at the end of this period1. This indicates a positive outlook for the next few months.
- Volatility and Risk: The stock's price volatility is 6.04%, which is relatively high, indicating that the stock may experience significant price swings in the short term3.
In conclusion, while the current short-term trend is positive, the mixed analyst targets and technical indicators suggest that the stock's 3-month price trajectory is uncertain. Investors should be prepared for the possibility of both upward and downward movements in the stock's price, considering the high volatility and the range of analyst forecasts.