The rise of AI in the stock market has brought about new possibilities for traders and investors to make informed decisions. For EXAS, Tickeron's Earnings Trader (TA) bot has been one of the best performers in their robot factory. This particular bot is accessible through their website, and traders can use it to gain insights into potential trading opportunities. The bot leverages AI and technical analysis to provide recommendations for buying and selling EXAS stock.
As a technical analyst, it is important to stay up to date with the latest trends and signals in the stock market. In this article, we will take a closer look at Exact Sciences Corp (EXAS, $67.02) and its recent performance.
According to A.I.dvisor, EXAS is expected to experience a growth of 2% to reach $68.36 or more in the coming week. The stock has been on a winning streak for a consecutive week, and the odds of an Uptrend continuation are currently at 77%.
However, investors should be cautious as EXAS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 05, 2023. This indicates a bearish signal and suggests that the stock may decline going forward. Tickeron's A.I.dvisor has analyzed 47 instances where the MACD turned negative, and in 42 of those cases, the stock moved lower in the days that followed. This puts the odds of a downward move for EXAS at 89%.
While it is always important to be mindful of potential risks, it is worth noting that past performance does not guarantee future results. As such, investors should continue to monitor the market closely and make informed decisions based on current trends and signals.
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The Moving Average Convergence Divergence (MACD) for EXAS turned positive on May 05, 2023. Looking at past instances where EXAS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 08, 2023. You may want to consider a long position or call options on EXAS as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
EXAS moved above its 50-day moving average on May 04, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EXAS crossed bullishly above the 50-day moving average on May 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EXAS advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 213 cases where EXAS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for EXAS moved out of overbought territory on May 25, 2023. 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EXAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EXAS broke above its upper Bollinger Band on May 09, 2023. 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 Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EXAS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.838) is normal, around the industry mean (25.176). P/E Ratio (0.000) is within average values for comparable stocks, (143.263). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.622). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (6.614) is also within normal values, averaging (51.761).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows