NEW YORK, NY / ACCESSWIRE / October 2, 2017 / U.S. markets continued to push towards record highs Friday on the strength of technology stocks. The Dow Jones Industrial Average gained 0.11 percent to close at 22,405.09, up 2.1 percent for the month and just 0.1 percent away from a new record high, while the S&P 500 Index increased 0.37 percent to close at a record 2,519.36, up 1.9 percent for the month. The tech-heavy NASDAQ Composite Index rose 0.66 percent to close at a record 6,495.96, an increase of 1.1 percent for the month of September.

"It has been upwardly biased certainly through the entire month and we are still locked into positive momentum," said Gordon Charlop, a managing director at Rosenblatt Securities, according to Reuters.

"But now we are getting into October and it is always interesting when the fourth quarter rolls around because that is when the volatility comes."

RDI Initiates Coverage on:

Ballard Power Systems Inc.
https://rdinvesting.com/news/?ticker=BLDP

FuelCell Energy Inc.
https://rdinvesting.com/news/?ticker=FCEL

Ballard Power Systems Inc.'s stock moved 3.08% higher Friday, to close the day at $4.68. The stock recorded a trading volume of 1,977,401 shares, which was above its three months average volume of 1,704,480 shares. In the last year, Ballard Power Systems Inc.'s shares have traded in a range of 1.61 - 5.06. The share price has gained 190.68% from its 52-week low. The company's shares are currently trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $3.19 is greater than its 200-day moving average of $2.83. Shares of Ballard Power Systems have gained approximately 183.64 percent year-to-date.

Access RDI's Ballard Power Systems Inc. Research Report at:
https://rdinvesting.com/news/?ticker=BLDP

On Friday, shares of FuelCell Energy Inc. recorded a trading volume of 1,057,483 shares, which was below the three months average volume of 1,115,020 shares. The stock ended the day 2.94% higher at 1.75. The share price has gained 118.75% from its 52-week low with a 52-week trading range of 0.80 - 5.67.The company's shares are currently trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $1.50 is greater than its 200-day moving average of $1.35.

Access RDI's FuelCell Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FCEL

Our Actionable Research on Ballard Power Systems Inc. (NASDAQ: BLDP) and FuelCell Energy Inc. (NASDAQ: FCEL) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com