EDITAS MEDICINE INC (EDIT) Stock Technical Analysis
NASDAQ:EDIT - US28106W1036 - Common Stock
2.71 USD
-0.01 (-0.37%)
We assign a technical rating of 7 out of 10 to EDIT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EDIT is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
EDIT has an average volume of 2677640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EDIT did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EDIT is part of the Biotechnology industry. There are 547 other stocks in this industry, EDIT did better than 69% of them.
EDIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDIT is lagging the market.
In the last month EDIT has a been trading in the 2.07 - 3.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although EDIT has an excellent technical rating, the quality of the presented setup is not ideal 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
2.32
3.12
We found 3 important support areas.
- A support zone ranging from 2.61 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.41 from a trend line in the weekly time frame.
- Support @2.34 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.88 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.09 from a horizontal 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 | UP | POSITIVE | The long term trend for EDIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDIT is up. |
| ChartMill Relative Strength | 76.59 | POSITIVE | EDIT has a high relative strength, it outperformed 76.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDIT is above 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 | MIXED | The current price of EDIT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.21 | 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) | 61.82 | NEUTRAL | The Stochastics value for EDIT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for EDIT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.33 | 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 (8/26/2025, 10:02:27 AM)
2.71
-0.01 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.37%
1 Week-0.37%
2 Weeks23.64%
1 Month-8.11%
3 Month58.14%
6 Month41.67%
12 Month-27.27%
2 Year-69.47%
3 Year-81.5%
5 Year-92.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.74%
ATR Inc-20.43%
Range Today0.04
ADR(20)0.23
ADR(20)%8.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.59
Mansfield1.61
10 Day High3.17
10 Day Low2.18
20 Day High3.17
20 Day Low2.07
52 Week High4.12
52 Week Low0.91
CS1 End2.63
CR1 Start2.88
Volume & EV
DER(3)-7.09%
DER(5)-4.94%
Volume41.04K
Volume Incr-50%
Vol(5)1.15M
Vol(50)2.68M