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Look for Shares of Exact Sciences to Potentially Rebound after Yesterday's 1.00% Sell Off

By Nick Russo

Exact Sciences (NASDAQ:EXAS) traded in a range yesterday that spanned from a low of $73.12 to a high of $75.32. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $74.86 on volume of 670,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Exact Sciences share prices have moved between a 52-week high of $123.99 and a 52-week low of $35.25 and are now trading 112% above that low price at $74.89 per share. The 200-day and 50-day moving averages have moved 1.07% lower and 3.03% lower over the past week, respectively.

Keywords: rebounders exact sciences

Ticker(s): EXAS