EXACT SCIENCES CORP (EXAS)

US30063P1057 - Common Stock

70.38  +0.9 (+1.3%)

Technical Rating and Analysis

8

Overall EXAS gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EXAS is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
EXAS is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 568 stocks in the same industry.
EXAS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EXAS is lagging the market slightly.
EXAS has an average volume of 2168570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EXAS is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month EXAS has a been trading in the 64.85 - 71.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EXAS Weekly chart
EXAS Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, EXAS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 71.93. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

65.30

72.65

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 68.85 to 69.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @65.96 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 71.93 to 71.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.02
Mansfield0.12
10 Day High71.99
10 Day Low67.04
20 Day High71.99
20 Day Low64.85
52 Week High79.62
52 Week Low40.62
Performance
1 Week-1.99%
2 Weeks0.33%
1 Month-0.23%
3 Month53.38%
6 Month18.06%
12 Month16.34%
2 Year99.77%
3 Year-27.03%
5 Year-20.14%
10 Year188.66%
15 Year2712.96%
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)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)54.76
LBB66.36
UBB72.27
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
71.9467.034.91 (6.83%)14.64%
An entry @71.94. This is a Buy Stop order right above the resistance zone.An exit @67.03. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 4.91 points, which is 6.83%.When investing 14.64% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EXAS Daily chart

EXACT SCIENCES CORP

NASDAQ:EXAS (10/22/2024, 1:27:40 PM)

70.38

+0.9 (+1.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.3%
1 Week-1.99%
2 Weeks0.33%
1 Month-0.23%
3 Month53.38%
6 Month18.06%
12 Month16.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.08
ATR(20)%3.19%
ATR Inc
Range Today1.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.99
10 Day Low67.04
20 Day High71.99
20 Day Low64.85
52 Week High79.62
52 Week Low40.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume517.12K
Volume Incr-19.98%
Vol(5)1.58M
Vol(50)2.17M