Fulgent Genetics's 15min chart shows Bollinger Bands Narrowing, KDJ Death Cross.

Fulgent Genetics's 15-minute chart has recently exhibited a narrowing of Bollinger Bands, and a KDJ Death Cross occurred on July 16, 2025 at 15:30. This suggests that the magnitude of stock price fluctuations is decreasing and there is a shift towards a downward momentum. As a result, there is a potential for further decreases in the stock price.

Fulgent Genetics (FLGT) has recently shown significant changes in its stock price behavior, as indicated by technical analysis indicators. The 15-minute chart for FLGT has exhibited a narrowing of Bollinger Bands and a KDJ Death Cross on July 16, 2025, at 15:30. These indicators suggest a decrease in the magnitude of stock price fluctuations and a shift towards a downward momentum, potentially signaling further price declines.

The Bollinger Bands, which measure volatility, have tightened, indicating that the stock price is becoming less volatile. This narrowing of the bands suggests that the price is consolidating and may be preparing for a significant move. The KDJ Death Cross, a technical indicator that combines the K-line, D-line, and J-line, indicates a bearish signal when the K-line crosses below the D-line. This crossover is often seen as a precursor to a price decline.

Fulgent Genetics has been experiencing a period of consolidation, as seen in its quarterly financial results. In the first quarter of 2025, the company reported core revenue growth of 16% year-over-year to $73.5 million, but also posted a GAAP loss of $11.5 million. The company maintains a strong cash position and has a share repurchase program in place. However, the narrowing Bollinger Bands and the KDJ Death Cross suggest that the stock may be poised for a downward move.

Investors should keep a close eye on Fulgent Genetics' upcoming financial results, which are scheduled for release on August 1, 2025. The company will host an investor conference call to discuss the results and answer questions. This event could provide further insight into the company's financial health and potential impact on the stock price.

In conclusion, the narrowing of Bollinger Bands and the KDJ Death Cross in Fulgent Genetics' 15-minute chart suggest a potential downward momentum in the stock price. While the company has shown financial growth, investors should remain cautious and monitor the upcoming financial results for further guidance.

References:
[1] https://www.stocktitan.net/news/FLGT/
[2] https://www.ainvest.com/news/workhorse-group-plummets-35-merger-deal-culprit-2507/