EDWARDS LIFESCIENCES CORP (EW)

US28176E1082 - Common Stock

86.32  -1.69 (-1.92%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to EW. EW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month EW has a been trading in the 85.38 - 96.12 range, which is quite wide. It is currently trading near the lows of this range.
EW is part of the Health Care Equipment & Supplies industry. There are 195 other stocks in this industry. EW outperforms 78% of them.
EW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EW is performing more or less in line with the market.
EW has an average volume of 3546990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, EW did better than 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
EW Weekly chart
EW Daily chart
Setup Rating and Analysis

5

EW has an average technical rating and the quality of the presented setup is also 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.

Support and Resistance Analysis

83.45

96.52

When analyzing the support we notice one important area.

  • A support zone ranging from 84.29 to 85.94. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 93.81 to 95.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.6
Mansfield-0.04
10 Day High91.73
10 Day Low85.38
20 Day High96.12
20 Day Low85.38
52 Week High96.12
52 Week Low60.57
Performance
1 Week1.8%
2 Weeks-3.72%
1 Month-7.5%
3 Month20.17%
6 Month42.62%
12 Month0.03%
2 Year-16.8%
3 Year-7.86%
5 Year49.96%
10 Year548.17%
15 Year1566.33%
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)
Technical Indicators
MACD(12,26,9)-0.46
RSI(14)43.66
LBB84.8
UBB93.6
EW Daily chart

EDWARDS LIFESCIENCES CORP

NYSE:EW (4/26/2024, 1:21:50 PM)

86.32

-1.69 (-1.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.92%
1 Week1.8%
2 Weeks-3.72%
1 Month-7.5%
3 Month20.17%
6 Month42.62%
12 Month0.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.97
ATR(20)%2.33%
ATR Inc
Range Today3.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High91.73
10 Day Low85.38
20 Day High96.12
20 Day Low85.38
52 Week High96.12
52 Week Low60.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.03M
Volume Incr9.51%
Vol(5)3.30M
Vol(50)3.55M