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Shares of Fluidigm Corp Has Risen Above Previous 52-Week High

By David Diaz

Fluidigm Corp (NASDAQ:FLDM) traded at a new 52-week high today of $14.42. So far today approximately 347,000 shares have been exchanged, as compared to an average 30-day volume of 662,000 shares.

Fluidigm Corporation develops, manufactures, and markets proprietary integrated fluidic circuit systems. The Company has commercialized IFC systems for a wide range of life science applications, including a system for gene expression analysis, genotyping, and digital PCR, and a system for protein crystallization.

Fluidigm Corp (NASDAQ:FLDM) defies analysts with a current price ($13.99) 50.1% above its average consensus price target of $6.97. The stock should find initial support at its 50-day moving average (MA) of $9.84 and further support at its 200-day MA of $7.81.

Fluidigm Corp share prices have moved between a 52-week high of $14.42 and a 52-week low of $4.65 and are now trading 201% above that low price at $13.99 per share. Over the past week, the 200-day moving average (MA) has gone up 1.8% while the 50-day MA has advanced 3.2%.

SmarTrend recommended that subscribers consider buying shares of Fluidigm Corp on November 19th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.27. Since that recommendation, shares of Fluidigm Corp have risen 67.0%. We continue to monitor FLDM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows fluidigm corp

Ticker(s): FLDM