Question 1

What implications does the 10-day RSI indicator have for FLGT?

Accepted Answer

The 10-day RSI Indicator for FLGT moved out of overbought territory on August 05, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In 24 of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about FLGT's trend?

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 48 of 57 cases where FLGT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 0%.

Question 3

How did FLGT's Momentum indicator behave recently?

Accepted Answer

FLGT saw its Momentum Indicator move above the 0 level on August 19, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In 69 of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for FLGT?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for FLGT turned negative on August 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 39 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day decline signify for FLGT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLGT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 82%.

Question 6

What does FLGT breaking above its upper Bollinger Band indicate?

Accepted Answer

FLGT broke above its upper Bollinger Band on August 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 7

How does the Aroon Indicator reflect on FLGT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 148 of 184 cases where FLGT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

FLGT Stock Fulgent Genetics (FLGT, $21.39) price moved above its 50-day Moving Average on May 24, 2024

Momentum Indicator for FLGT turns positive, indicating new upward trend

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