Fulgent Genetics Stock Forecast - Day Median Price
| FLGT Stock | USD 20.13 0.10 0.49% |
Fulgent Stock Forecast is based on your current time horizon.
Fulgent |
Open Interest Against 2024-12-20 Fulgent Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Fulgent Genetics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Fulgent Genetics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Fulgent Genetics stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Fulgent Genetics' open interest, investors have to compare it to Fulgent Genetics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Fulgent Genetics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Fulgent. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Day Median Price | Day Median Price | Trend |
| 20.45 | 20.19 |
| Check Fulgent Genetics Volatility | Backtest Fulgent Genetics | Information Ratio |
Fulgent Genetics Trading Date Momentum
| On December 11 2024 Fulgent Genetics was traded for 20.13 at the closing time. The top price for the day was 20.55 and the lowest listed price was 19.83 . The trading volume for the day was 160.7 K. The trading history from December 11, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.50% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Fulgent Genetics
For every potential investor in Fulgent, whether a beginner or expert, Fulgent Genetics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fulgent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fulgent. Basic forecasting techniques help filter out the noise by identifying Fulgent Genetics' price trends.Fulgent Genetics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fulgent Genetics stock to make a market-neutral strategy. Peer analysis of Fulgent Genetics could also be used in its relative valuation, which is a method of valuing Fulgent Genetics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fulgent Genetics Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Fulgent Genetics' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Fulgent Genetics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Fulgent Genetics Market Strength Events
Market strength indicators help investors to evaluate how Fulgent Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fulgent Genetics shares will generate the highest return on investment. By undertsting and applying Fulgent Genetics stock market strength indicators, traders can identify Fulgent Genetics entry and exit signals to maximize returns.
| Accumulation Distribution | 5629.63 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.19 | |||
| Day Typical Price | 20.17 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.10) | |||
| Relative Strength Index | 41.34 |
Fulgent Genetics Risk Indicators
The analysis of Fulgent Genetics' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Fulgent Genetics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fulgent stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.18 | |||
| Standard Deviation | 2.9 | |||
| Variance | 8.38 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Tools for Fulgent Stock Analysis
When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.