Is EXACT Sciences Corp. technically bullish or bearish?
As of May 9, 2024, the market trend has shifted to a moderate bearish stance, indicated by bearish momentum in the MACD and Bollinger Bands on the monthly timeframe, despite a bullish weekly KST.
As of 9 May 2024, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators include the MACD on the monthly timeframe showing bearish momentum, while the daily moving averages indicate a mildly bearish trend. The Bollinger Bands and Dow Theory also reflect bearish conditions on the monthly scale. Although the weekly KST is bullish, it is overshadowed by the overall bearish signals in the longer timeframes.
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