FULGENT GENETICS INC (FLGT) Technical Analysis
NASDAQ:FLGT • US3596641098
Current stock price
FLGT Technical Rating and Analysis
Taking everything into account, FLGT scores 0 out of 10 in our technical rating. FLGT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 87% of all other stocks performed better in the past year than FLGT.
- FLGT is one of the lesser performing stocks in the Health Care Providers & Services industry. 69% of 101 stocks in the same industry do better.
- FLGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLGT is lagging the market.
- In the last month FLGT has a been trading in the 13.46 - 24.91 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
FLGT Weekly and Daily overview Charts
FLGT Setup Rating and Analysis
The technical rating of FLGT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FLGT Support and Resistance Analysis
15.35
3 important resistance areas can be observed.
- A resistance zone ranging from 15.52 to 15.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.54 from a trend line in the daily time frame.
- A resistance zone ranging from 25.80 to 25.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLGT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FLGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLGT is down. |
| ChartMill Relative Strength | 13.52 | NEGATIVE | FLGT has a low relative strength, it was outperformed by 86.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.19 | NEUTRAL | The RSI value for FLGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests FLGT has a positive trend. |
| Stochastics (14,3) | 68.26 | NEUTRAL | The Stochastics value for FLGT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for FLGT suggests high volalility. |
| Average Directional Index/ADX (14) | 41.54 | POSITIVE | The high ADX value value for FLGT suggests a strong trend. |
FLGT Chart- and CandleStick Pattern Analysis
FLGT Technicals: Chart, Performance Metrics, Trend & Indicators
15.51
-0.05 (-0.32%)
FULGENT GENETICS INC / FLGT TA FAQ
Can you provide the ChartMill technical rating for FULGENT GENETICS INC?
ChartMill assigns a technical rating of 0 / 10 to FLGT.
Can you provide the trend direction for FULGENT GENETICS INC?
The current trend direction for FULGENT GENETICS INC (FLGT) is Bearish.
Can you provide the RSI signal for FULGENT GENETICS INC?
FULGENT GENETICS INC (FLGT) has an RSI value of 33.1931. This indicates that the stock is currently neutral.
What is the MACD signal for FLGT stock?
The MACD indicator for FULGENT GENETICS INC (FLGT) has a value of 0.360462, indicating a bearish trend.
What is the short term momentum for FLGT stock?
The short term momentum for FULGENT GENETICS INC (FLGT) is negative.