Taking everything into account, EWTX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EWTX is showing a nice and steady performance.
EWTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 23.93, a Stop Loss order could be placed below this zone.
More info and screens
14.24
We found 5 important support areas.
- A support zone ranging from 23.75 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.61 to 22.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.94 from a horizontal line in the daily time frame.
- Support @14.89 from a horizontal line in the daily time frame.
- Support @14.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.84 from a trend line in the weekly time frame.
- Resistance @26.35 from a horizontal 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 | UP | POSITIVE | The long term trend for EWTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWTX is up. |
| ChartMill Relative Strength | 86 | POSITIVE | EWTX has a high relative strength, it outperformed 86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EWTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.79 | NEUTRAL | The RSI value for EWTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EWTX has a negative trend. |
| Stochastics (14,3) | 64.31 | NEUTRAL | The Stochastics value for EWTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.51 | HIGH VOLATILITY | The high ATR as a percentage value for EWTX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.4 | NEUTRAL | The ADX value for EWTX suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.85 | 23.74 | 2.11 (8.16%) | 12.25% |
| An entry @25.85. This is a Buy Stop order right above the resistance zone. | An exit @23.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.11 points, which is 8.16%. | When investing 12.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of EWTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:EWTX (1/13/2026, 10:17:09 AM)
24.38
+0.25 (+1.04%)
EDGEWISE THERAPEUTICS INC / EWTX FAQ
What is the technical rating for EWTX stock?
ChartMill assigns a technical rating of 9 / 10 to EWTX.
What is the current trend direction of EDGEWISE THERAPEUTICS INC (EWTX) stock?
The current trend direction for EDGEWISE THERAPEUTICS INC (EWTX) is Bullish.
Can you provide the RSI signal for EDGEWISE THERAPEUTICS INC?
EDGEWISE THERAPEUTICS INC (EWTX) has an RSI value of 51.7851. This indicates that the stock is currently neutral.
What is the buy/sell signal for EWTX stock?
The buy/sell signal for EDGEWISE THERAPEUTICS INC (EWTX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for EDGEWISE THERAPEUTICS INC?
EDGEWISE THERAPEUTICS INC (EWTX) has a support level at 23.93 and a resistance level at 25.84. Check the full technical report for our detailed analysis of EWTX support and resistance levels.