Taking everything into account, EDIT scores 1 out of 10 in our technical rating. EDIT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of EDIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.03
We found 1 important resistance area.
- Resistance @3.56 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EDIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDIT is down. |
| ChartMill Relative Strength | 55.28 | NEUTRAL | EDIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EDIT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.41 | NEUTRAL | The RSI value for EDIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EDIT has a negative trend. |
| Stochastics (14,3) | 5.02 | OVERSOLD | The low Stochastics value suggests EDIT may be oversold. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for EDIT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for EDIT suggests a possible start of a new trend. |
2.05
+0.01 (+0.49%)
EDITAS MEDICINE INC / EDIT FAQ
Can you provide the ChartMill technical rating for EDITAS MEDICINE INC?
ChartMill assigns a technical rating of 1 / 10 to EDIT.
What is the trend direction for EDIT stock?
The current trend direction for EDITAS MEDICINE INC (EDIT) is Bearish.
What is the RSI signal for EDITAS MEDICINE INC (EDIT) stock?
EDITAS MEDICINE INC (EDIT) has an RSI value of 31.4138. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EDITAS MEDICINE INC?
The short term momentum for EDITAS MEDICINE INC (EDIT) is negative.
What is the buy/sell signal for EDITAS MEDICINE INC (EDIT) stock?
The buy/sell signal for EDITAS MEDICINE INC (EDIT) is sell as both the short term and long term trends are negative.