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Veracyte Inc Up 24.5% Since SmarTrend Uptrend Call (VCYT)

By David Diaz

SmarTrend identified an Uptrend for Veracyte Inc (NASDAQ:VCYT) on March 12th, 2018 at $6.67. In approximately 3 months, Veracyte Inc has returned 24.53% as of today's recent price of $8.30.

In the past 52 weeks, Veracyte Inc share prices have been bracketed by a low of $5.23 and a high of $9.80 and are now at $8.30, 59% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has remained constant.

Veracyte, Inc. develops molecular tests for oncology. The Company offers molecular cytology and tests for the diagnostic accuracy of cytology samples. Veracyte provides its products and services to healthcare and molecular diagnostic companies in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Veracyte Inc shares.

Log in and add Veracyte Inc (VCYT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights veracyte inc

Ticker(s): VCYT