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Exact Sciences Bullish Moving Average Crossover Alert (EXAS)

By James Quinn

Exact Sciences (NASDAQ:EXAS) shares have crossed bullishly above their 10-day moving average of $75.34 on a volume of 121K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Exact Sciences share prices have moved between a 52-week high of $78.95 and a 52-week low of $9.91 and are now trading 663% above that low price at $75.61 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.1%.

SmarTrend recommended that subscribers consider buying shares of Exact Sciences on August 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.65. Since that recommendation, shares of Exact Sciences have risen 18.3%. We continue to monitor EXAS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses exact sciences

Ticker(s): EXAS