Trading Signals: FLGT Stock Price Prediction and Forecast

^ FLGT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Sep. 17, 2020

Trading Signals: FLGT Stock Price Prediction and Forecast (Thu. Sep. 29, 2016 - Fri. Oct. 27, 2023)

(Fulgent Genetics, Inc.)
FLGT latest price $31.7200 (-1.95%) ($30.3800 - $31.9900) on Thu. Sep. 17, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.29% (three month average)
RSI   49
Latest Price   $31.7200(-1.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FLGT advances 1.2% a day on average for past five trading days.
Weekly Trend   FLGT advances 1.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support FLGT advance at 0% a week (0% probability)
IBB(45%)    IPO(41%)    ARKG(39%)    ARKK(39%)    IBUY(39%)
Factors Impacting FLGT price   FLGT will decline at least -4.145% in a week (0% probabilities).
UUP(-15%)    VIXM(-12%)    VXX(-10%)    TBT(-8%)    USO(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.145% (StdDev 8.29%)
Hourly BBV 0 ()
Intraday Trend 1%

Resistance Level   $33.9
5 Day Moving Average   $30.68(3.39%)
10 Day Moving Average   $30.08(5.45%)
20 Day Moving Average   $33.9(-6.43%)
To recent high   -37.2%
To recent low   101.7%
Market Cap   $770m

Fulgent Genetics, Inc., together with its subsidiaries, provides genetic testing services to physicians with clinically actionable diagnostic information. Its technology platform integrates data comparison and suppression algorithms, adaptive learning software, and genetic diagnostics tools and integrated laboratory processes. The company primarily serves hospitals and medical institutions. It sells its tests through internal sales force, as well as through independent sales representatives in the United States and internationally. Fulgent Genetics has collaboration with PWNHealth to provide at-home Covid-19 test capabilities. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in Temple City, California.

$. FLGT price fluctuates within 22.21% (three month std-dev: 8.29%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -5.95%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -8.15%(100%) Sample size 1 Average positive next weekly return: 4.64%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201017

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_17_2020	24	33.9	30.08	30.68	30.79	31.51	31.72(-1.95%)	UD	OpenLong	75	0.1	9	170	7	14	0.39	69%	0.63	-39.3	8.29%	0	-0.3	49	1.1
2	Sep_16_2020	23.85	34.48	29.78	30.31	30.28	31.07	32.35(6.8%)	N/A	N/A	0	0.3	3	180	12	-23	0.82	69%	0.72	-38.4	8.29%	0	-0.3	33	0.7
3	Sep_15_2020	23.68	35.04	29.42	29.71	29.89	30.07	30.29(0.13%)	DP	OpenShort	-65	0.1	-9	60	10	-65	0.51	69%	0.59	-37.9	8.26%	0	-0.6	28	0.6
4	Sep_14_2020	23.54	35.68	29.33	29.11	29.47	29.49	30.25(5%)	DP	OpenShort	-65	0.1	-23	40	4	-103	0.4	69%	0.6	-39.6	8.27%	0	-0.7	28	0.6
5	Sep_11_2020	23.4	36.28	29.31	28.71	29.47	29.7	28.81(-3.52%)	DT	HoldShort	-65	0	-38	220	-4	-140	0.45	69%	0.6	-38.5	8.27%	0	-0.9	23	0.3

6	Sep_10_2020	23.26	37.14	29.63	29.39	28.89	29.44	29.86(1.84%)	DP	OpenShort	-65	0.1	-34	80	7	-155	0.76	69%	0.61	-32.3	8.33%	0	-0.9	22	-0.6
7	Sep_9_2020	23.12	37.75	30.97	29.18	29.65	28.08	29.32(7.44%)	DP	OpenShort	-75	0	-39	-320	-0	-155	0.78	69%	0.65	-31.2	8.36%	0	-1.1	34	-0.4
8	Sep_8_2020	22.97	38.37	32.51	29.1	29.52	28.34	27.29(-3.53%)	DT	OpenShort	-75	-0.2	-58	-240	-24	-161	0.57	69%	0.83	-27.1	8.33%	0	-1.4	30	-1.2
9	Sep_4_2020	22.78	39.22	34.29	29.56	30.23	31.22	28.29(-12.09%)	DT	OpenShort	-75	-0.2	-36	300	-0	-143	1.69	69%	0.57	-19.2	8.27%	0	-1.5	32	-1.6
10	Sep_3_2020	22.65	39.68	36.2	29.95	30.32	30.71	32.18(11.62%)	DP	OpenShort	-65	0.3	-24	130	11	-127	3.7	73%	0.89	-13.1	8.13%	0	-1.1	39	-3.2

11	Sep_2_2020	22.45	39.97	37.95	29.96	29.84	29.23	28.83(-0.31%)	DT	OpenShort	-75	-0.2	-61	-160	-35	-138	0.91	71%	0.72	-6.6	8.05%	0	-1.7	27	-1.3
12	Sep_1_2020	22.29	40.42	39.53	33.15	31.69	29.93	28.92(-2.17%)	DT	OpenShort	-75	-0.6	-58	-520	-40	-110	1.56	71%	0.77	14.3	8.05%	0	-1.8	37	-1
13	Aug_31_2020	22.12	40.58	41.15	36.55	35.34	30.46	29.56(-2.28%)	DT	OpenShort	-75	-1.1	-61	-1070	-54	-82	1.99	71%	0.36	32.9	8.04%	0	-1.7	39	-0.6
14	Aug_28_2020	22.04	40.65	42.67	39.77	39.4	33.45	30.25(-6.11%)	DT	OpenShort	-75	-1.4	-74	-1090	-77	-63	1.67	71%	0.92	48.5	8.08%	0	-1.5	37	0.5
15	Aug_27_2020	21.84	40.59	44.01	43.32	43.35	40.23	32.22(-28.08%)	DT	OpenShort	-75	-1.5	-52	-500	-64	-15	3.11	71%	1.02	68.8	8.03%	0	-1.2	53	0.5

16	Aug_26_2020	21.62	40.41	45.52	46.98	46.77	45.35	44.8(-2.46%)	UD	OpenLong	65	-0.3	9	-230	-11	67	0.84	85%	1.69	87.5	7.13%	0	0.6	66	1
17	Aug_25_2020	21.26	39.5	45.25	46.82	47.63	46.48	45.93(0.64%)	UD	OpenLong	65	-0.1	14	-120	-8	79	0.56	85%	1.82	88.2	7.11%	0	0.8	68	1.3
18	Aug_24_2020	20.88	38.52	44.78	46.47	47.19	48.2	45.64(-4.92%)	UD	OpenLong	75	-0.1	28	200	2	104	0.96	85%	1.8	91	7.16%	0	0.9	75	1.3
19	Aug_21_2020	20.51	37.57	44.57	46.04	46.35	48.78	48(-4.97%)	UD	OpenLong	75	0.2	62	390	33	148	1.11	85%	1.94	89.6	7.13%	0	1.2	79	1.4
20	Aug_20_2020	20.12	36.18	43.4	44.84	44.72	46.19	50.51(14.77%)	UT	HoldLong	65	0.6	59	220	25	159	1.76	85%	2.08	84.5	7.09%	0	1.6	84	1.5

21	Aug_19_2020	19.71	34.67	41.99	43.98	43.77	43.93	44.01(-0.41%)	UD	OpenLong	75	0	50	10	8	177	0.57	83%	1.76	84	7.02%	0	1	82	1.5
22	Aug_18_2020	19.37	33.47	41.23	43.5	43.81	43.25	44.19(1.61%)	UT	HoldLong	65	0.1	54	-70	3	205	0.71	83%	1.73	81.5	7.02%	0	1.2	83	1.8
23	Aug_17_2020	19.04	32.23	39.85	43.5	43.39	43.62	43.49(3.5%)	UT	HoldLong	50	0.1	51	70	-4	216	1	83%	1.76	79.6	7.03%	0	1.2	83	1.9
24	Aug_14_2020	18.71	31	38.41	42.85	43	44.37	42.02(-9.01%)	UD	OpenLong	75	-0.1	78	230	21	247	1.22	83%	1.57	81.7	7.09%	0	1.2	79	1.6
25	Aug_13_2020	18.42	29.85	36.91	41.61	42	43.16	46.18(10.93%)	UT	HoldLong	65	0.5	93	220	33	273	0.95	89%		79.5	6.97%	0	1.9	91	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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