• Return to Headlines

Possible Trend Reversal, Fluidigm Corp Down on Heavy Volume (FLDM)

By David Diaz

Fluidigm Corp's stock is down -8.3% to $13.85 on heavy trading volume. Today's volume of 1.0 million shares tops the average 30-day volume of 587,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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 54.7%. We continue to monitor FLDM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Fluidigm Corp share prices have been bracketed by a low of $4.65 and a high of $12.96 and are now at $12.79, 175% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 2.1%.

Keywords: unusual volume fluidigm corp

Ticker(s): FLDM