Trading Signals: FLGT Stock Price Prediction and Forecast

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Thu. Feb. 20, 2020

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

(Fulgent Genetics, Inc.)
FLGT latest price $18.2800 (-7.07%) ($18.2600 - $20.0200) on Thu. Feb. 20, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4% (three month average)
RSI   78
Latest Price   $18.2800(-7.07%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FLGT advances 1.7% a day on average for past five trading days.
Weekly Trend   FLGT advances 14.9% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support FLGT advance at 0% a week (0% probability)
IBB(46%)    ARKG(43%)    ARKK(42%)    IBUY(42%)    IPO(42%)
Factors Impacting FLGT price   FLGT will decline at least -2% in a week (0% probabilities).
VIXM(-20%)    VXX(-14%)    UUP(-9%)    TLT(-1%)    UNG(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2% (StdDev 4%)
Hourly BBV 0 ()
Intraday Trend -5.4%

5 Day Moving Average   $18.53(-1.35%)
10 Day Moving Average   $17.71(3.22%)
20 Day Moving Average   $15.71(16.36%)
To recent high   -7.4%
To recent low   63.4%
Market Cap   $444m

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 14.64% (three month std-dev: 4%) daily (68% of days).

Sample size 1 Average positive next day return: 2.09%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0.84%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -3.35%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200320

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	Feb_20_2020	12.91	15.71	17.71	18.53	18.83	19.4	18.28(-7.07%)	UD	OpenLong	75	-0.1	66	260	12	228	0.39	78%	0.7	57	4%	0	1.1	78	0.4
2	Feb_19_2020	12.82	15.49	17.44	18.22	18.28	19.45	19.67(-0.41%)	UD	OpenLong	75	0.6	88	460	34	250	0.37	86%	0.71	56.2	3.98%	0	1.9	88	1
3	Feb_18_2020	12.73	15.18	16.87	17.73	17.56	18.26	19.75(8.7%)	UT	HoldLong	65	1	86	250	35	240	0.4	86%	0.95	55.1	4.03%	0	2.3	89	0.8
4	Feb_14_2020	12.61	14.86	16.21	17.15	17.08	17.11	18.17(8.35%)	UT	HoldLong	65	0.6	67	0	15	221	0.29	63%	0.64	54	3.93%	0	1.9	88	0.9
5	Feb_13_2020	12.53	14.65	15.74	16.8	16.88	16.85	16.77(0.12%)	UD	OpenLong	65	-0	44	0	-1	180	0.11	58%	0.48	56.2	4.52%	0	1.4	79	0.6

6	Feb_12_2020	12.47	14.5	15.42	16.77	16.82	17.05	16.75(-2.79%)	UD	OpenLong	75	-0	55	100	10	189	0.23	52%	0.48	63.3	4.52%	0	1.5	69	1
7	Feb_11_2020	12.41	14.33	15.08	16.5	16.57	16.91	17.23(2.32%)	UT	OpenLong	75	0.5	64	160	26	177	0.22	52%	0.49	64.3	4.63%	0	2.1	70	0.1
8	Feb_10_2020	12.35	14.14	14.65	15.84	15.96	16.58	16.84(2.68%)	UT	OpenLong	75	0.8	56	290	29	137	0.19	52%	0.49	62.5	4.69%	0	2.2	69	0.2
9	Feb_7_2020	12.29	13.98	14.21	15.12	15.22	16.23	16.4(-1.38%)	UD	OpenLong	75	1.2	38	480	26	73	0.28	65%	0.41	59.8	5.88%	0	2.3	69	-0.1
10	Feb_6_2020	12.24	13.83	13.85	14.51	14.4	15.35	16.63(7.85%)	UT	OpenLong	75	2.5	31	440	28	40	0.45	60%	0.49	57.2	5.88%	0	3.3	63	0.2

11	Feb_5_2020	12.18	13.63	13.53	13.89	13.78	14.2	15.42(10.94%)	UT	OpenLong	75	2.6	17	190	19	9	0.46	69%	0.41	52.3	5.92%	0	3	59	0.1
12	Feb_4_2020	12.13	13.49	13.36	13.47	13.41	13.46	13.9(5.06%)	N/A	N/A	0	0.9	2	10	5	-8	0.38	66%	0.17	39.9	7.5%	0	0.9	56	-0.7
13	Feb_3_2020	12.11	13.43	13.34	13.28	13.29	13.35	13.23(-1.12%)	DT	HoldShort	-50	-0.1	-2	30	3	-15	0.12	66%	0.17	20.8	7.48%	0	-0.4	44	-1.4
14	Jan_31_2020	12.09	13.39	13.39	13.15	13.15	13.37	13.38(-0.96%)	DP	OpenShort	-65	0.4	-2	120	4	-20	0.14	66%	0.17	-5.5	7.49%	0	-0	46	-2.4
15	Jan_30_2020	12.07	13.35	13.47	13.07	13.15	13.22	13.51(1.5%)	DP	OpenShort	-65	0.8	-5	130	1	-21	0.19	66%	0.17	-28.6	7.48%	0	0.3	51	-0.4

16	Jan_29_2020	12.05	13.32	13.52	13.12	12.91	12.93	13.31(2.54%)	DP	OpenShort	-75	0.3	-4	-40	-1	-14	0.19	66%	0.17	-40.4	7.48%	0	-0	56	-0.7
17	Jan_28_2020	12.03	13.31	13.53	13.25	13.08	12.61	12.98(3.26%)	DP	OpenShort	-75	-0.4	-8	-290	-7	-10	0.16	66%	0.08	-40.8	7.49%	0	-0.6	55	-0.7
18	Jan_27_2020	12.02	13.32	13.62	13.42	13.4	12.89	12.57(-3.01%)	CR	SmallShort	-20	-1.4	-7	-270	-10	2	0.18	66%	0.08	-36.4	7.51%	0	-1.3	55	-1.9
19	Jan_24_2020	12.01	13.42	13.77	13.65	13.72	13.55	12.96(-6.02%)	N/A	N/A	0	-1.2	-2	-70	-8	18	0.29	66%	0.08	-18.4	7.52%	0	-0.8	61	0
20	Jan_23_2020	12	13.52	13.84	13.92	13.9	13.91	13.79(-1.08%)	UD	OpenLong	65	-0.2	9	0	-1	37	0.09	63%	0.17	9.2	7.47%	0	0.4	68	1.2

21	Jan_22_2020	11.98	13.52	13.76	13.97	13.98	13.88	13.94(0.65%)	UT	OpenLong	75	-0	12	-50	2	41	0.22	63%	0.25	21.7	7.54%	0	0.6	63	1.1
22	Jan_21_2020	11.95	13.56	13.65	13.97	13.93	13.89	13.85(1.09%)	UD	OpenLong	65	-0	8	-0	-1	35	0.16	63%	0.25	16.9	7.55%	0	0.4	59	1.4
23	Jan_17_2020	11.92	13.55	13.53	13.86	13.88	14.08	13.7(-4.26%)	UD	OpenLong	75	-0.2	9	110	-0	34	0.21	63%	0.08	16.1	7.49%	0	0.2	55	1.9
24	Jan_16_2020	11.91	13.52	13.4	13.9	13.87	13.98	14.31(1.85%)	UT	OpenLong	75	0.5	10	50	5	26	0.43	63%	0.17	23.2	7.47%	0	1	46	2.2
25	Jan_15_2020	11.89	13.46	13.22	13.75	13.78	13.68	14.05(5.01%)	UT	OpenLong	75	0.4	5	-40	4	6	0.29	63%		26.4	7.47%	0	0.8	39	2
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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