EXACT SCIENCES CORP (EXAS) Stock Technical Analysis
NASDAQ:EXAS - Nasdaq - US30063P1057 - Common Stock - Currency: USD
Overall EXAS gets a technical rating of 4 out of 10. Although EXAS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month EXAS has a been trading in the 51.50 - 58.68 range, which is quite wide. It is currently trading near the lows of this range.
EXAS is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 557 stocks in the same industry.
EXAS has an average volume of 2969000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, EXAS did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EXAS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EXAS is lagging the market slightly.
EXAS has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.46
74.72
We found 2 important support areas.
- A support zone ranging from 51.53 to 53.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 54.01 to 55.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.11 to 57.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 58.09 to 58.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @71.34 from a horizontal line in the weekly time frame.
- Resistance @73.98 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EXAS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EXAS is down. |
| ChartMill Relative Strength | 83.93 | POSITIVE | EXAS has a high relative strength, it outperformed 83.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EXAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EXAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for EXAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests EXAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.52 | OVERSOLD | The low Stochastics value suggests EXAS may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for EXAS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for EXAS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
53.02
+0.68 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.3%
1 Week-1.83%
2 Weeks-2.5%
1 Month-6.8%
3 Month16.22%
6 Month-10.74%
12 Month18.22%
2 Year-43.54%
3 Year34.6%
5 Year-39.02%
10 Year78.28%
15 Year1105%
Volatility
ATR(14)1.64
ATR(20)%3.16%
ATR Inc-35.63%
Range Today0.9
ADR(20)1.65
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.93
Mansfield-0.66
10 Day High57.14
10 Day Low51.5
20 Day High58.68
20 Day Low51.5
52 Week High72.83
52 Week Low39.97
CS1 End53.01
CR1 Start54.01
Volume & EV
DER(3)2.7%
DER(5)2.35%
Volume3.80M
Volume Incr-15.46%
Vol(5)2.67M
Vol(50)2.97M