FULGENT GENETIC Technical Analysis (NASDAQ:FLGT)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The FLGT stock chart pattern can give those who understand technical analysis an indication of which way FLGT stock is headed, but cannot predict with 100% certainty as to what can happen to the FULGENT GENETIC stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for FULGENT GENETIC. Technical analysis uses an approach for FULGENT GENETIC stock analysis that does not care for the fair value of a company but uses price and volume data only.
FULGENT GENETIC Moving Average
Moving averages show the average price of FLGT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FULGENT GENETIC are mostly signals of long term trends and will help long term traders.
FULGENT GENETIC Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FULGENT GENETIC. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. FULGENT GENETIC bollinger bands show that the stock price is $3.32, upper band is 4.59, lower band is 3.27, and the average is 3.93.
FULGENT GENETIC Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The FULGENT GENETIC MACD indicator is above 0 indicating a bullish trend.
FULGENT GENETIC Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of FLGT stock is 12.77.