EDGEWISE THERAPEUTICS INC (EWTX) Stock Technical Analysis
NASDAQ:EWTX - Nasdaq - US28036F1057 - Common Stock
Taking everything into account, EWTX scores 3 out of 10 in our technical rating. Although EWTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EWTX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 195 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that EWTX is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by EWTX over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
EWTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EWTX is lagging the market.
In the last month EWTX has a been trading in the 23.08 - 32.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of EWTX is bad and it also does not present a 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
16.93
29.78
5 important support areas can be observed.
- Support @24.68 from a trend line in the daily time frame.
- A support zone ranging from 24.15 to 24.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.32 from a trend line in the weekly time frame.
- Support @17.95 from a trend line in the weekly time frame.
- Support @17.10 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.40 to 27.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.20 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.49 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
CRS82.59
Mansfield1.25
10 Day High30.3
10 Day Low23.08
20 Day High32.61
20 Day Low23.08
52 Week High38.12
52 Week Low14.9
Performance
1 Week8.13%
2 Weeks-1.19%
1 Month-8.73%
3 Month-21.7%
6 Month44.31%
12 Month65.8%
2 Year167.74%
3 Year101.4%
5 YearN/A
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)0.19
RSI(14)47.44
LBB24.38
UBB28.68
EDGEWISE THERAPEUTICS INC
NASDAQ:EWTX (1/22/2025, 10:37:52 AM)
27.2
-0.19 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.69%
1 Week8.13%
2 Weeks-1.19%
1 Month-8.73%
3 Month-21.7%
6 Month44.31%
12 Month65.8%
2 Year167.74%
3 Year101.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.83
ATR(20)%6.32%
ATR Inc-26.86%
Range Today1.46
ADR(20)1.64
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.59
Mansfield1.25
10 Day High30.3
10 Day Low23.08
20 Day High32.61
20 Day Low23.08
52 Week High38.12
52 Week Low14.9
CS1 End24.68
CR1 Start27.4
Volume & EV
DER(3)2.13%
DER(5)1.35%
Volume272.30K
Volume Incr18.35%
Vol(5)1.14M
Vol(50)834.42K