EDITAS MEDICINE INC (EDIT) Stock Technical Analysis
NASDAQ:EDIT - Nasdaq - US28106W1036 - Common Stock - Currency: USD
Taking everything into account, EDIT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EDIT was also a bad performer in the overall market in the last year.
96% of all other stocks performed better in the past year than EDIT.
EDIT is one of the lesser performing stocks in the Biotechnology industry. 73% of 571 stocks in the same industry do better.
EDIT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EDIT has an average volume of 4222400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EDIT has a been trading in the 1.12 - 3.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EDIT has an average technical rating and it also does not offer a high quality setup 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
1.90
1.94
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.28
Mansfield-5.78
10 Day High3.3
10 Day Low1.12
20 Day High3.3
20 Day Low1.12
52 Week High11.58
52 Week Low1.12
Performance
1 Week56.1%
2 Weeks47.69%
1 Month36.17%
3 Month-21.31%
6 Month-50.39%
12 Month-75.42%
2 Year-78.76%
3 Year-88.78%
5 Year-91.34%
10 YearN/A
15 YearN/A
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)0.12
RSI(14)55.72
LBB0.47
UBB2.61
1.92
-0.14 (-6.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.8%
1 Week56.1%
2 Weeks47.69%
1 Month36.17%
3 Month-21.31%
6 Month-50.39%
12 Month-75.42%
2 Year-78.76%
3 Year-88.78%
5 Year-91.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%13.95%
ATR Inc274.97%
Range Today0.51
ADR(20)0.25
ADR(20)%12.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.28
Mansfield-5.78
10 Day High3.3
10 Day Low1.12
20 Day High3.3
20 Day Low1.12
52 Week High11.58
52 Week Low1.12
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.5%
DER(5)-0.12%
Volume9.47M
Volume Incr958.33%
Vol(5)18.95M
Vol(50)4.22M