Clean Energy Fuels Corp

CLNE shows signs of exhaustion after a prolonged decline as a Post-Capitulation pattern triggered a mean-reversion environment. Price has bounced off the terminal flush low and is now testing declining EMAs, suggesting potential for a counter-trend recovery. However, EMAs remain overhead and down-sloping, requiring acceptance above for confirmation. Until then, bullish entries should be deferred into pullbacks toward the 9-EMA/21-EMA support cluster near the recent low region.

• ↑Q1 revenue grew 13% YoY to $117.6M, driven by 67M gallons RNG.
• ↑Cash position of $126M supports ongoing dairy RNG and infrastructure projects.
• ↓Net loss of $12M in Q1 2026 persists despite narrower GAAP results.