RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EXAS
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Green day on Wednesday for EXACT Sciences Corporation stock after gaining 2.51%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 8.05% PDF

The EXACT Sciences Corporation stock price gained 2.51% on the last trading day (Wednesday, 27th Mar 2024), rising from $65.24 to $66.88. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.79% from a day low at $65.11 to a day high of $66.93. The price has risen in 7 of the last 10 days and is up by 9.5% over the past 2 weeks. Volume fell on the last day by -182 thousand shares and in total, 2 million shares were bought and sold for approximately $107.60 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -14.72% during the next 3 months and, with a 90% probability hold a price between $45.57 and $57.04 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EXAS Signals & Forecast

The EXACT Sciences Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $63.51 and $60.48. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 18.86%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for EXACT Sciences Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $62.09 and $59.49. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, EXACT Sciences Corporation finds support just below today's level at $62.09. If this is broken, then the next support from accumulated volume will be at $59.49 and $57.53.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.82 between high and low, or 2.79%. For the last week, the stock has had daily average volatility of 3.74%.

Our recommended stop-loss: $64.69 (-3.27%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (EXAS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect EXACT Sciences Corporation to open at $66.31, and during the day (based on 14 day Average True Range), to move between $64.36 and $69.40, which gives a possible trading interval of +/-$2.52 (+/-3.76%) up or down from last closing price. If EXACT Sciences Corporation takes out the full calculated possible swing range there will be an estimated 7.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $68.64 (2.63%) than the support at $62.09 (7.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is EXACT Sciences Corporation stock A Buy?

EXACT Sciences Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for EXACT Sciences Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$66.31 ( 0.86%) $66.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EXAS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 68.13 1.86 %
R2 67.43 0.82 %
R1 67.00 0.181 %
Current price: 66.88
Support S1 65.61 -1.90 %
S2 65.18 -2.54 %
S3 64.49 -3.58 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 73.20 9.45 %
R2 70.57 5.52 %
R1 68.64 2.63 %
Current price 66.88
Support S1 62.09 -7.16%
S2 59.49 -11.05%
S3 57.53 -13.98%

FAQ

What is the symbol for EXACT Sciences Corporation Stock and on which exchange is it traded?
The symbol for EXACT Sciences Corporation is EXAS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell EXACT Sciences Corporation Stock?
EXACT Sciences Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy EXACT Sciences Corporation Stock?
EXACT Sciences Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy EXACT Sciences Corporation Stock.

What's the current price of EXACT Sciences Corporation Stock?
As of the end of day on the 2024-03-27, the price of an EXACT Sciences Corporation (EXAS) share was $66.88.

What is the 52-week high and low for EXACT Sciences Corporation Stock?
The 52-week high for EXACT Sciences Corporation Stock is $100.76 and the 52-week low is $56.05.

What is the market capitalization of EXACT Sciences Corporation Stock?
As of the 2024-03-27, the market capitalization of EXACT Sciences Corporation is 11.843B.

When is the next earnings date for EXACT Sciences Corporation?
The upcoming earnings date for EXACT Sciences Corporation is May 14, 2024.
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About EXACT Sciences Corporation

EXACT Sciences Exact Sciences Corporation provides cancer screening and diagnostic test products in the United States and internationally. The company offers Cologuard, a non-invasive stool-based DNA screening test to detect DNA and hemoglobin biomarkers associated with colorectal cancer and pre-cancer. It also provides Oncotype DX, a gene expression tests for breast, prostate, and colon cancers; Oncotype Test, a tissue test delivering tumor profiling to aid th... EXAS Profile

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