Why is FLGT Down Today?

FLGT
$21.24
▼ -3.54% ($-0.75)
Last updated: Oct 01, 2026 8:34 PM ET

About Fulgent Genetics, Inc. Common Stock

Fulgent Genetics Inc is a technology company that focuses on genetic testing to provide physicians with clinically actionable diagnostic information. The company is engaged in laboratory services business and a therapeutic development business. The laboratory services business which generates key re...

Sector: SERVICES-MEDICAL LABORATORIES
Market Cap: $719.31M
Forward P/E: -90.9
52-Week Range: $13.46 - $31.04
Employees: 1,313

Overall Confidence: 60%

60% Confident

Based on news, social sentiment, options activity, and sector analysis

SYMPATHY 60% Confidence
🎯 Outperforming sector by 3.3%
This stock is significantly underperforming its SERVICES-MEDICAL LABORATORIES sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-MEDICAL LABORATORIES sector: -0.2%

FLGT is outperforming its sector by -3.3%. This suggests a stock-specific catalyst.

Market Comparison

FLGT is significantly underperforming the market (-3.7% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
FLGT
This Stock
-3.54%
vs S&P 500: -3.72%
vs Nasdaq: -3.85%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, FLGT is expected to trade between:
$20.60 - $21.66

Key Level to Watch

$20.18 support
Watch for breakdown below $21.24

🔔 Get FLGT Alerts

We'll notify you when FLGT's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:34 PM (-176 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.43
Put/Call Ratio
100.7%
Implied Volatility
Call Volume: 4,411
Put Volume: 1,879
Total: 6,290

Historical Context

FLGT has moved more than 3.0% down on 15 occasions in the past year.

53.3%
Continuation Rate
8/15 times continued down
+0.39%
Avg Next Day Change
After similar down moves
Last similar move: Jul 31, 2026 (-18.1%) → Next day: +6.4%

Frequently Asked Questions

Why is FLGT stock down today?

This stock is significantly underperforming its SERVICES-MEDICAL LABORATORIES sector peers, suggesting a stock-specific catalyst.

Is FLGT stock a buy or sell right now?

Based on current analysis, FLGT shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the FLGT stock price target?

FLGT is currently trading at $21.24. Based on today's momentum, the expected short-term range is $20.60 - $21.66. See long-term price prediction →

Will FLGT stock continue falling?

Our analysis shows a 45% probability that FLGT's move continues in the next 1-3 days. Key level to watch: $20.18 (support).

Is FLGT stock oversold or overbought?

FLGT's RSI (Relative Strength Index) is currently at 53.2. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for FLGT stock?

FLGT's 10-day momentum indicator is at -0.61. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is FLGT outperforming or underperforming the market?

FLGT (-3.54%) is currently significantly underperforming the market (-3.7% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for FLGT?

FLGT's MACD (0.55) is currently below the signal line (0.56), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 29.0) is strong.

Is FLGT in an uptrend or downtrend?

Based on moving average analysis, FLGT is in a bullish trend. The price ($21.24) is trading above both the 20-day SMA ($21.15) and 50-day SMA ($19.98). This alignment typically indicates sustained upward momentum.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL