Fulgent Genetics (FLGT, $17.9) price may drop as it broke higher Bollinger Band on Mar 06, 2025

#MedicalSpecialties, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
FLGT - Fulgent Genetics
Bollinger signal
Bearish Trend
78%
Odds of DOWN Trend
Price: $17.9
Daily change: +$1.25 (+7.51%)
Daily volume: 902.8K
Capitalization: $551.8M
Industry: Medical Specialties

This price move could be a signal that FLGT may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 41 similar cases where FLGT's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 78%.