Friday May 24, 2019 Change -0.82% Price $12.08
Chart period: 2019-02-25 - 2019-05-24
VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will FLDM stock price go up or down on Tue, 28 May 2019?

Predict

Fluidigm Corporation Forecast and Stock Analysis

Technical FLDM stock analysis for Friday May 24, 2019.

Sell candidate since 2019-05-24
Shorts n/a
Insider % n/a
Institutional % 97.20%
Beta 0.81
ROA -26.52%
Price to book USD 4.61
P/E Ratio -7.61
Next Earnings Date 2019-08-04


Fluidigm Corporation fell by -0.82% in the last day ( Friday, 24th May 2019 ) from $12.18 to $12.08 During day the stock fluctuated 4.83% from a day low at $12.02 to a day high of $12.60. The price has risen in 6 of the last 10 days , but is still down by -1.15% for this period. Volume has increased in the last day by 0.71 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 1.15 million shares bought and sold for approximately $13.93 million.

Quick summary:

  • 30 day high of the FLDM stock price was $14.05 and low was $11.25.
  • 90 day high was $14.90 and low was $10.72.
  • 52 week high for the Fluidigm Corporation - $14.90 and low - $4.65.

Trend

Given the current horizontal trend you can expect Fluidigm Corporation with 90% probability to be traded between $11.24 and $14.54 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Fluidigm Corporation holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $12.75. On a fall, the stock will find some support from the short-term average at $12.02. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Thursday May 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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A sell signal from a double top formation was found on Thursday May 23, 2019 and based on theory for this formation the price should fall by -0.25% to $11.89 within 5 trading days since signal was issued (Friday May 31, 2019).

Relative Strength Index (RSI)

RSI14 is 57 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Fluidigm Corporation finds support from accumulated volume at $11.89.

Support: $11.89 Price: $12.08 Resistance: $12.79

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.58 between high and low, or 4.83%. For the last week, the stock has had a daily average volatility of 5.39%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

5.39 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Fluidigm Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today FLDM ranks #2127 as SELL CANDIDATE #2127 Weaker Sell
FLDM $12.08 ($-0.10 -0.82%)
FLDM is down $0.10 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for FLDM based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will FLDM stock price go up or down
on Tue, 28 May 2019?

Predict

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