EDITAS MEDICINE INC (EDIT) Stock Technical Analysis
NASDAQ:EDIT - Nasdaq - US28106W1036 - Common Stock - Currency: USD
Taking everything into account, EDIT scores 3 out of 10 in our technical rating. In the past year, EDIT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
94% of all other stocks performed better in the past year than EDIT.
EDIT is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 65% are performing better than EDIT.
EDIT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDIT is lagging the market.
EDIT has an average volume of 1936020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EDIT has a been trading in the 1.29 - 1.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.32
2.77
We found 1 important support area.
- Support @1.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.64 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.74 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for EDIT is up. |
| ChartMill Relative Strength | 6.59 | NEGATIVE | EDIT has a low relative strength, it was outperformed by 93.41% off all stocks 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) | UP | POSITIVE | The current price of EDIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.89 | NEUTRAL | The RSI value for EDIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EDIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for EDIT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.25 | HIGH VOLATILITY | The high ATR as a percentage value for EDIT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for EDIT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:EDIT (5/22/2025, 9:51:46 AM)
1.5
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week8.7%
2 Weeks12.78%
1 Month-3.85%
3 Month-21.87%
6 Month-38.52%
12 Month-73.36%
2 Year-83.66%
3 Year-86.83%
5 Year-94.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%10.25%
ATR Inc17.03%
Range Today0.01
ADR(20)0.15
ADR(20)%10.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.59
Mansfield-4.78
10 Day High1.77
10 Day Low1.29
20 Day High1.77
20 Day Low1.29
52 Week High6.22
52 Week Low0.91
CS1 End1.33
CR1 Start1.56
Volume & EV
DER(3)-3.68%
DER(5)-1.11%
Volume9.17K
Volume Incr-15.14%
Vol(5)1.54M
Vol(50)1.94M