NYSE:EW • US28176E1082
Overall EW gets a technical rating of 6 out of 10. EW has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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.
71.92
2 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for EW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EW is up. |
| ChartMill Relative Strength | 65.65 | NEUTRAL | EW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.68 | NEUTRAL | The RSI value for EW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.03 | POSITIVE | The MACD value suggests EW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests EW may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for EW suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for EW suggests a strong trend. |
85.28
-1.9 (-2.18%)
ChartMill assigns a technical rating of 6 / 10 to EW.
The current trend direction for EDWARDS LIFESCIENCES CORP (EW) is Bearish.
EDWARDS LIFESCIENCES CORP (EW) has an RSI value of 59.6752. This indicates that the stock is currently neutral.
The MACD indicator for EDWARDS LIFESCIENCES CORP (EW) has a value of 1.0345, indicating a bullish trend.