Trading Signals: FLGT Stock Price Prediction and Forecast

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Tue. Aug. 4, 2020

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

(Fulgent Genetics, Inc.)
FLGT latest price $29.6900 (4.47%) ($28.1200 - $33.0100) on Tue. Aug. 4, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.98% (three month average)
RSI   77
Latest Price   $29.6900(4.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FLGT advances 3% a day on average for past five trading days.
Weekly Trend   FLGT advances 18.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support FLGT advance at 0% a week (0% probability)
IBB(41%)    ARKG(38%)    ARKK(37%)    IBUY(37%)    IPO(37%)
Factors Impacting FLGT price   FLGT will decline at least -3.49% in a week (0% probabilities).
UUP(-16%)    VIXM(-11%)    VXX(-9%)    TBT(-8%)    XLE(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.49% (StdDev 6.98%)
Hourly BBV 0 ()
Intraday Trend 5.6%

5 Day Moving Average   $27.25(8.95%)
10 Day Moving Average   $25(18.76%)
20 Day Moving Average   $22.35(32.84%)
To recent high   0%
To recent low   135.4%
Market Cap   $721m

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 16.2% (three month std-dev: 6.98%) daily (68% of days).

Sample size 24 Average positive next day return: 7%(46%) Average negative next day return: -4.86%(54%) Sample size 24 Average positive next three day return: 16.98%(58%) Average negative next three day return: -10.16%(42%) Sample size 24 Average positive next weekly return: 19.14%(58%) Average negative next weekly return: -9.76%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200904

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	Aug_4_2020	16.22	22.35	25	27.25	27.34	28.72	29.69(4.47%)	UT	HoldLong	65	0.7	62	360	26	170	0.7	66%	1.44	82.7	6.98%	0	2	77	1.6
2	Aug_3_2020	15.99	21.76	23.95	26.45	26.38	26.92	28.42(7.86%)	UT	HoldLong	65	0.6	48	140	13	151	0.61	66%	1.33	89.2	6.98%	0	2	77	1.3
3	Jul_31_2020	15.78	21.24	23	26.05	26.04	25.97	26.35(0.88%)	UT	OpenLong	75	0.1	53	-20	20	150	0.36	64%	1.15	100.2	6.98%	0	1.7	75	1.5
4	Jul_30_2020	15.6	20.73	22.26	24.69	25.32	25.84	26.12(1.79%)	UT	HoldLong	65	0.5	43	220	18	119	0.35	64%	1.04	86.7	7.03%	0	1.9	77	1.3
5	Jul_29_2020	15.44	20.21	21.64	23.57	23.84	26.12	25.66(-0.08%)	UD	OpenLong	75	0.8	49	700	31	102	0.43	64%	0.72	77.1	7.04%	0	2	72	1.6

6	Jul_28_2020	15.33	19.71	21.09	22.35	22.45	24.79	25.68(-2.95%)	UD	OpenLong	75	1.3	57	740	47	87	0.6	64%	0.72	64.8	7.08%	0	2.4	74	1.5
7	Jul_27_2020	15.22	19.2	20.47	21.07	20.74	21.56	26.46(35.62%)	UT	HoldLong	65	2.4	42	230	36	59	1.47	64%	0.66	52.3	7.08%	0	3.2	77	1.5
8	Jul_24_2020	15.12	18.66	19.73	19.58	19.83	20.1	19.51(-4.97%)	UD	OpenLong	75	-0	9	130	5	21	0.33	44%	0.07	44.3	5.55%	0	0.5	60	1.2
9	Jul_23_2020	15.11	18.52	19.68	19.48	19.62	19.91	20.53(4.96%)	UT	HoldLong	65	0.6	12	130	5	33	0.45	44%	0.2	41.6	5.52%	0	1.2	78	1.3
10	Jul_22_2020	15.08	18.3	19.58	19.41	19.47	19.55	19.56(1.29%)	UT	HoldLong	50	0.1	10	40	-3	48	0.25	44%	0.2	40.5	5.51%	0	0.8	77	1.8

11	Jul_21_2020	15.05	18.19	19.52	19.61	19.69	19.33	19.31(1.69%)	UD	OpenLong	65	-0.2	15	-120	-4	71	0.36	44%	0.13	48.2	5.58%	0	0.7	75	1.8
12	Jul_20_2020	15.03	18.08	19.44	19.75	19.91	19.39	18.99(-0.21%)	UD	OpenLong	65	-0.5	15	-160	-10	91	0.29	44%	0.33	53.9	5.6%	0	0.6	75	2.2
13	Jul_17_2020	14.98	17.98	19.39	19.9	20.12	20.05	19.03(-5.65%)	UD	OpenLong	65	-0.5	26	10	-3	114	0.4	44%	0.2	60.1	5.64%	0	0.7	70	1.9
14	Jul_16_2020	14.95	17.86	19.14	19.88	20.17	20.43	20.17(-1.9%)	UD	OpenLong	75	0.2	34	130	6	119	0.32	61%	0.2	65.1	5.62%	0	1.4	73	1.5
15	Jul_15_2020	14.92	17.66	18.73	19.76	19.89	20.2	20.56(2.8%)	UT	HoldLong	65	0.5	34	130	9	110	0.45	61%	0.2	65.5	6.12%	0	1.9	78	1.4

16	Jul_14_2020	14.89	17.45	18.28	19.42	19.65	19.91	20(1.37%)	UT	OpenLong	75	0.4	31	130	10	95	0.48	61%	0.2	63.1	6.12%	0	1.8	63	0.9
17	Jul_13_2020	14.86	17.26	17.86	19.1	19.37	19.57	19.73(4.28%)	UT	OpenLong	75	0.5	26	110	8	79	0.89	68%	0.07	61.9	6.13%	0	2	63	0
18	Jul_10_2020	14.85	17.06	17.49	18.82	18.97	19.39	18.92(-3.32%)	UD	OpenLong	75	0.1	27	180	13	68	0.41	68%	0.07	60	6.4%	0	1.6	63	1.2
19	Jul_9_2020	14.84	16.88	17.25	18.28	18.53	19.17	19.57(3.71%)	UT	OpenLong	75	1.2	30	280	22	54	0.48	68%	0	40.2	6.42%	0	2.4	67	0.8
20	Jul_8_2020	14.84	16.71	16.89	17.54	17.66	18.54	18.87(2.55%)	UT	OpenLong	75	1.4	22	370	19	30	0.48	70%	-0.07	21.2	6.42%	0	2.3	67	0.9

21	Jul_7_2020	14.85	16.62	16.73	16.97	16.92	17.89	18.4(0.38%)	UT	OpenLong	75	1.8	21	390	22	18	0.52	70%	0.2	-1.3	6.49%	0	2.3	63	0.7
22	Jul_6_2020	14.82	16.52	16.58	16.43	16.28	16.77	18.33(13.08%)	UT	OpenLong	75	2.8	13	180	16	2	0.64	70%	-0.13	-31.8	6.52%	0	2.7	63	1.1
23	Jul_2_2020	14.84	16.4	16.4	16	15.91	15.95	16.21(2.01%)	DP	OpenShort	-75	0.4	-4	0	-1	-14	0.69	66%	0	-73.1	6.42%	0	-0.4	55	0.8
24	Jul_1_2020	14.84	16.44	16.45	16.09	15.97	15.8	15.89(-0.69%)	DT	OpenShort	-75	-0.3	-3	-100	-2	-4	0.29	60%	-0.07	-56.5	6.42%	0	-0.9	60	0.6
25	Jun_30_2020	14.85	16.52	16.51	16.14	16.11	15.87	16(1.75%)	DP	OpenShort	-75	-0.2	-8	-110	-8	-6	0.51	60%		-36.2	6.59%	0	-0.8	47	0.3
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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