DailyPlay for Wednesday September 23rd, 2015 – Examworks Group Inc (EXAM)

The bearish DailyPlay we chose for Wednesday September 23rd is Examworks Group Inc (EXAM). EXAM is part of the Healthcare Sector (XLV). Over the last month, XLV has experienced a 3.1% move lower as both the 1m and 6m trends remain bearish.

Examworks Group Inc has been in a bearish trend for both 1m and 6m trend indicators since Sept 1st. EXAM recently bounced lower off its $32.27 resistance level with negative momentum. With a technical score of 2 (out of 10), EXAM looks positioned to continue this strong bearish trend lower towards $30 support level.

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