The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Clean Energy Fuels Corp shares valued at $29,100 were purchased by Vreeland Robert M. on Feb 26 ’25. At $1.94 per share, Vreeland Robert M. acquired 15,000 shares. The insider’s holdings grew to 458,800 shares worth approximately $0.89 million following the completion of this transaction.
As published in a research note from Raymond James on October 03, 2023, Clean Energy Fuels Corp [CLNE] has been rated up from an Outperform to a Strong buy and the price target has been revised to $6. Analysts at Northland Capital started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. As of July 13, 2023, Stifel has initiated its “Buy” rating for CLNE. Earlier on April 05, 2023, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for CLNE stock which previously was a “a Mkt perform”.
Analyzing CLNE Stock Performance
During the last five days, there has been a drop of approximately -35.07%. Over the course of the year, Clean Energy Fuels Corp shares have dropped approximately -22.91%. Shares of the company reached a 52-week high of $3.67 on 02/05/25 and a 52-week low of $1.81 on 02/25/25. A 50-day SMA is recorded $2.91, while a 200-day SMA reached $2.85. Nevertheless, trading volume fell to 5.04 million shares from 15.85 million shares the previous day.
Support And Resistance Levels for Clean Energy Fuels Corp (CLNE)
According to the 24-hour chart, there is a support level at 1.87, which, if violated, would cause prices to drop to 1.81. In the upper region, resistance lies at 2.03. The next price resistance is at 2.13. RSI (Relative Strength Index) is 19.72 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.74, which suggests the price will decrease in the coming days. Percent R is at 93.09%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
