tickeron

EXAS, MACD Histogram just turned negative

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NASDAQ:EXAS   EXACT SCIENCES CORP
This is a Bearish indicator signaling EXAS's price could decline from here. Traders may explore shorting the stock or put options. Tickeron A.I. dvisor identified 49 similar cases where EXAS's MACD histogram became negative, and 41 of them led to successful outcomes. Odds of Success: 84%. EXAS - Exact Sciences Corp . Current price $103.52 is above $96.50 the highest support line found by Tickeron A.I. Throughout the month of 09/15/20 - 10/15/20, the price experienced a +34% Uptrend, while the week of 10/08/20 - 10/15/20 shows a -5% Downtrend.

Bearish Trend Analysis
The 10-day RSI Indicator for EXAS moved out of overbought territory on October 14, 2020. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 54 similar instances where the indicator moved out of overbought territory. In 41 of the 54 cases, the stock moved lower in the following days. This puts the odds of a move lower at 76%.

The Stochastic Indicator may be shifting from an upward trend to a downward trend. Tickeron A.I. detected that in 49 of 67 cases where EXAS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 73%.

The Momentum Indicator moved below the 0 level on October 15, 2020. You may want to consider selling the stock, shorting the stock, or exploring put options on EXAS as a result. Tickeron A.I. detected that in 69 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 77%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 75%.

EXAS broke above its upper Bollinger Band on September 24, 2020. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for EXAS entered a downward trend on September 08, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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