Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Veracyte, Inc (NASDAQ:VCYT)
Weak Downtrend (-65) - VCYT is showing signs of a strengthening downtrend. Monitor VCYT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid VCYT?
MarketClub looks at technical strength and momentum to determine if the timing is right for VCYT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VCYT
The long-term trend has been DOWN since Feb 26th, 2020 at 22.82
The intermediate-term trend has been UP since Apr 20th, 2020 at 24.60
The short-term trend has been DOWN since May 29th, 2020 at 25.53
Smart Scan Analysis for VCYT
Based on our trend formula, VCYT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.5||Year High Date||2018-11-08|
|Year Low||5.23||Year Low Date||2018-02-15|
|52wk High||31.18||52wk High Date||2019-07-22|
|52wk Low||13.9||52wk Low Date||2020-03-18|
|Average Volume||642,664||Shares Outstanding||49,739|