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Exact Sciences Crosses Above its 10-day MA (EXAS)

By David Diaz

Today, shares of Exact Sciences (NASDAQ:EXAS) have advanced above their 10-day MA of $13.02 on a volume of 10.0 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Exact Sciences have traded between a low of $4.67 and a high of $32.85 and are now at $16.03, which is 243% above that low price. The 200-day and 50-day moving averages have moved 3.56% lower and 0.01% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Exact Sciences on June 6th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.13. Since that recommendation, shares of Exact Sciences have risen 74.9%. 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