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Exact Sciences Bearish Moving Average Crossover Alert (EXAS)

By James Quinn

Today, shares of Exact Sciences (NASDAQ:EXAS) have fallen below their 10-day MA of $113.65 on a volume of 108K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Exact Sciences share prices have moved between a 52-week high of $117.74 and a 52-week low of $47.78 and are now trading 138% above that low price at $113.55 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.7%.

SmarTrend recommended that subscribers consider buying shares of Exact Sciences on May 16th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $97.67. Since that recommendation, shares of Exact Sciences have risen 16.5%. 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