Veracyte inc VCYT.US Swing Trading Analysis

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VCYT Swing Trading Score

3

24

15

Weakening Action
  • AI analysis rates VCYT with  a lower swing trading score of 2.
  • It is mainly due to  the negative AI swing signal,along with  the relatively high short-term volatility.
  • Furthermore, based on the current swing trading score, the probability of future bullish swings occurring or continuing appears to be low.

VCYT Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

VCYT Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of VCYT from 2013/10 till Now

-51.53%
Cumulative Return
-6.36%
Annual Return
42.70%
Volatility
-0.15
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from October, 2013 to November, 2024. (Total Trades: 87)

VCYTSectorUS Overall Market
Wining Rate41%39%43%
Avg Return0.1%3.4%2.3%
Avg Profit11.4%23.7%14.7%
Avg Loss-7.8%-9.9%-7.3%
Avg Risk-Reward Ratio145.1%238.8%202.8%

Update to 2024/11/13 (Daily Update)

Top 10 High Relevance to VCYT Swing Trading Score