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Possible Trend Reversal, Exact Sciences Down on Heavy Volume (EXAS)

By David Diaz

Shares of Exact Sciences are trading down 10.9% to $84.55 today on above average volume. Approximately 2.5 million shares have changed hands today vs. average 30-day volume of 1.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Exact Sciences and will alert subscribers who have EXAS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Exact Sciences have traded between a low of $47.78 and a high of $123.31 and are now at $94.85, which is 99% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has risen 0.2%.

Keywords: unusual volume exact sciences

Ticker(s): EXAS