Fluidigm is the leader in mass cytometry and microfluidics
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Summary:
Fundamental Analysis:
Summary:
Fundamental Analysis:
- Fluidigm Selected for $37 Million Project under National Institutes of Health RADx Initiative.Fluidigm among First Seven Companies to Advance in Historic and Rapidly Instituted Program to Support Development and Commercialization of Innovative COVID-19 Testing Technologies
- Fluidigm is a leader in mass cytometry. According to market research and Fluidigm, the mass cytometry market reached 2.7 billion with CAGR at 26% by 2025.
- The Biden administration plans to spend about $ 1.6 billion on expanding Covid-19 testing programs.
- Fluidigm Announces Collaboration with Zhejiang PuLuoTing Health Technology Co. Ltd to Market Fluidigm CyTOF Technology to Clinical Labs in China.According to company and third-party estimates, the addressable market for flow cytometry analysis in blood cancer in China is approximately $100 million for 2021–2023, and is growing at a double-digit rate.
- The company shows stable revenue growth from year to year.
Technical analysis:- From March 2020 to the end of September 2020, the 5th wave movement was completed.After that, a correction began, namely a double three, consisting of 2 zigzags.
- At the moment, the company's shares are in the oversold zone according to the RSI indicator.
- The company has several open gaps, namely in the following areas: $ 10-11, $ 15-19, $ 30-36 per share.
- At the moment, the company's shares are at a strong support level.
Disclosure: I am/we are long FLDM.
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- At the moment, the company's shares are at a strong support level.
- The company has several open gaps, namely in the following areas: $ 10-11, $ 15-19, $ 30-36 per share.
- At the moment, the company's shares are in the oversold zone according to the RSI indicator.
- From March 2020 to the end of September 2020, the 5th wave movement was completed.After that, a correction began, namely a double three, consisting of 2 zigzags.
- The company shows stable revenue growth from year to year.
- Fluidigm Announces Collaboration with Zhejiang PuLuoTing Health Technology Co. Ltd to Market Fluidigm CyTOF Technology to Clinical Labs in China.According to company and third-party estimates, the addressable market for flow cytometry analysis in blood cancer in China is approximately $100 million for 2021–2023, and is growing at a double-digit rate.
- The Biden administration plans to spend about $ 1.6 billion on expanding Covid-19 testing programs.
- Fluidigm is a leader in mass cytometry. According to market research and Fluidigm, the mass cytometry market reached 2.7 billion with CAGR at 26% by 2025.
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