EDITAS MEDICINE INC (EDIT) Stock Technical Analysis
NASDAQ:EDIT - Nasdaq - US28106W1036 - Common Stock - Currency: USD
Taking everything into account, EDIT scores 3 out of 10 in our technical rating. In the past year, EDIT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than EDIT.
EDIT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EDIT has a been trading in the 0.91 - 1.73 range, which is quite wide. It is currently trading near the high of this range.
EDIT has an average volume of 2465580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
EDIT is part of the Biotechnology industry. There are 563 other stocks in this industry, EDIT did better than 58% of them.
Considerably lower volume is observed in the last couple of days.
EDIT has a poor technical rating and the quality of the setup is also not perfect 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
1.51
2.32
When analyzing the support we notice one important area.
- A support zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.30 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.97
Mansfield-4.79
10 Day High1.73
10 Day Low1.38
20 Day High1.73
20 Day Low0.91
52 Week High6.69
52 Week Low0.91
Performance
1 Week-2.53%
2 Weeks15.79%
1 Month49.51%
3 Month23.2%
6 Month-50.64%
12 Month-71.05%
2 Year-83.22%
3 Year-86.48%
5 Year-94.31%
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)0.03
RSI(14)55.11
LBB1.24
UBB1.77
1.54
-0.1 (-6.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.1%
1 Week-2.53%
2 Weeks15.79%
1 Month49.51%
3 Month23.2%
6 Month-50.64%
12 Month-71.05%
2 Year-83.22%
3 Year-86.48%
5 Year-94.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.54%
ATR Inc-16.64%
Range Today0.12
ADR(20)0.14
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.97
Mansfield-4.79
10 Day High1.73
10 Day Low1.38
20 Day High1.73
20 Day Low0.91
52 Week High6.69
52 Week Low0.91
CS1 End1.53
CR1 Start1.62
Volume & EV
DER(3)4.11%
DER(5)1.56%
Volume795.66K
Volume Incr-41.88%
Vol(5)1.27M
Vol(50)2.47M