Trading Signals: FLGT Stock Price Prediction and Forecast

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Fri. Dec. 11, 2020

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

(Fulgent Genetics, Inc.)
FLGT latest price $49.8700 (-2.37%) ($48.2500 - $50.9800) on Fri. Dec. 11, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.55% (three month average)
RSI   61
Latest Price   $49.8700(-2.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FLGT advances 2.7% a day on average for past five trading days.
Weekly Trend   FLGT advances 10% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support FLGT advance at 0% a week (0% probability)
IBB(46%)    IPO(41%)    IWO(41%)    SKYY(41%)    IBUY(40%)
Factors Impacting FLGT price   FLGT will decline at least -3.275% in a week (0% probabilities).
VIXM(-15%)    UUP(-15%)    VXX(-10%)    TBT(-7%)    USO(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.275% (StdDev 6.55%)
Hourly BBV 0 ()
Intraday Trend -1.1%

5 Day Moving Average   $48.63(2.55%)
10 Day Moving Average   $46.84(6.47%)
20 Day Moving Average   $44.44(12.22%)
To recent high   -2.4%
To recent low   73.1%
Market Cap   $1.21b

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 8.24% (three month std-dev: 6.55%) daily (68% of days).

Sample size 8 Average positive next day return: 1.04%(25%) Average negative next day return: -1.16%(75%) Sample size 8 Average positive next three day return: 2.11%(38%) Average negative next three day return: -1.6%(63%) Sample size 8 Average positive next weekly return: 3.9%(50%) Average negative next weekly return: -0.82%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210111

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	Dec_11_2020	37.98	44.44	46.84	48.63	48.93	49.8	49.87(-2.37%)	UD	OpenLong	75	0.3	37	140	16	98	1.35	62%	0.8	98.9	6.55%	0	1.5	61	0.3
2	Dec_10_2020	37.68	43.87	45.94	47.37	47.72	49.47	51.08(6.39%)	UT	OpenLong	75	1	44	280	29	89	2.96	62%	0.86	89.2	6.56%	0	2	64	0.9
3	Dec_9_2020	37.36	42.97	44.51	45.68	46.19	48.07	48.01(-1.15%)	UD	OpenLong	75	0.6	30	320	22	54	3.12	62%	0.78	64	6.53%	0	1.3	58	1
4	Dec_8_2020	37.07	42.25	43.43	45.5	45.11	45.98	48.57(6.44%)	UT	OpenLong	75	0.7	22	110	17	36	2.54	62%	0.82	55.7	6.57%	0	1.5	56	1.6
5	Dec_7_2020	36.77	41.39	42.86	44.95	44.89	44.31	45.63(4.78%)	UT	OpenLong	75	0.1	6	-90	2	19	1.41	62%	0.71	44.9	6.56%	0	0.9	50	1.1

6	Dec_4_2020	36.51	41.09	42.56	44.81	44.84	44.23	43.55(2.09%)	N/A	N/A	0	-0.3	0	-90	-5	15	0.92	58%	0.66	53.7	6.59%	0	0.5	53	1.2
7	Dec_3_2020	36.27	40.85	42.37	44.23	44.75	45.47	42.66(-9.39%)	UD	OpenLong	75	-0.3	17	150	15	22	1.76	61%	0.61	55.6	6.79%	0	0.4	59	0.9
8	Dec_2_2020	36.05	40.57	42.43	43	43.32	45.46	47.08(2.68%)	UT	OpenLong	75	0.9	36	370	35	37	1.4	64%	0.78	50	6.8%	0	1.4	73	1
9	Dec_1_2020	35.77	39.98	42.09	40.97	41.1	44.02	45.85(2.07%)	UT	OpenLong	75	1.1	31	510	30	32	2.23	64%	0.73	37.5	6.8%	0	1.3	71	1
10	Nov_30_2020	35.51	39.4	42.02	40.52	39.78	41.19	44.92(10.56%)	UT	OpenLong	75	1	32	190	24	56	2.14	64%	0.74	35.2	6.77%	0	1.3	73	1.1

11	Nov_27_2020	35.25	38.78	41.77	40.14	40	38.17	40.63(11.28%)	UT	HoldLong	50	0.1	6	-330	-7	46	1.49	52%	1.09	29.2	6.71%	0	0.4	54	1.1
12	Nov_25_2020	34.87	38.47	41.6	40.34	40.84	38.37	36.51(-1.16%)	CR	SmallShort	-20	-0.9	-21	-390	-38	32	1.53	49%	0.52	29.4	7.41%	0	-0.4	51	1.3
13	Nov_24_2020	34.69	38.4	41.38	41.72	42.22	41.83	36.94(-15.28%)	N/A	N/A	0	-1.1	-6	-30	-24	48	3	49%	0.55	38.4	7.41%	0	-0.3	54	1.1
14	Nov_23_2020	34.5	38.39	41.14	43.22	43.36	43.31	43.6(1.4%)	UT	OpenLong	75	0.1	19	0	0	76	2.49	54%	0.26	49.3	7.19%	0	1.2	64	1.1
15	Nov_20_2020	34.41	37.92	39.94	43.71	43.66	42.62	43(3.22%)	UD	OpenLong	65	-0.2	13	-170	-8	77	1.88	58%	0.79	52.4	7.22%	0	1.2	65	1.2

16	Nov_19_2020	34.14	37.54	39.6	43.67	44.33	43.41	41.66(-4.05%)	UD	OpenLong	65	-0.5	21	-100	-4	95	1.09	58%	0.77	54.8	7.43%	0	1	66	1.3
17	Nov_18_2020	33.88	37.21	39.29	43.03	44.17	44.71	43.42(-2.27%)	UD	OpenLong	75	0.1	42	170	19	109	1.44	58%	0.83	49.9	7.41%	0	1.5	65	1.3
18	Nov_17_2020	33.6	36.77	38.62	40.9	42.15	45.26	44.43(-3.52%)	UD	OpenLong	75	0.9	53	610	39	96	2.26	58%	0.87	33.1	7.41%	0	2	65	1.6
19	Nov_16_2020	33.31	36.29	37.69	38.65	39.15	43.63	46.05(7.59%)	UT	OpenLong	75	2.2	68	840	65	77	2.8	58%	0.91	9.8	7.4%	0	2.9	63	1.6
20	Nov_13_2020	33.01	35.77	36.44	35.65	36.47	39.04	42.8(11.31%)	UT	OpenLong	75	2.7	40	560	43	30	2.27	56%	0.79	-30.3	7.44%	0	2.7	63	1.5

21	Nov_12_2020	32.75	35.37	35.37	35.09	34.12	34.67	38.45(17.4%)	N/A	N/A	0	1.6	2	30	2	0	2.87	53%	0.71	-61.5	7.43%	0	1.5	56	1.1
22	Nov_11_2020	32.52	35.27	34.92	35.14	34.88	33.9	32.75(-1.41%)	DT	OpenShort	-75	-1.1	-8	-220	-9	-6	1.9	47%	0.46	-77.5	7.11%	0	-1.2	48	1.8
23	Nov_10_2020	32.37	35.55	35.13	36	36.06	33.57	33.22(7.13%)	DP	OpenShort	-75	-1.1	-17	-480	-22	-1	1.81	54%	0.5	-70.5	7.15%	0	-1	49	1.7
24	Nov_9_2020	32.21	35.96	35.45	36.47	36.68	35.86	31.01(-22.51%)	N/A	N/A	0	-1.9	-18	-140	-25	5	2.06	54%	0.47	-59.9	7.57%	0	-1.7	44	1.4
25	Nov_6_2020	32.06	36.58	35.85	37.11	37.3	38.55	40.02(3.36%)	UT	OpenLong	75	1	26	250	25	30	0.52	62%		-56.3	7.03%	0	1.1	57	1.7
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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