EDGEWISE THERAPEUTICS INC (EWTX) Stock Technical Analysis
NASDAQ:EWTX - Nasdaq - US28036F1057 - Common Stock - Currency: USD
Overall EWTX gets a technical rating of 4 out of 10. 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 86% of 193 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that EWTX is one of the better performing stocks in the market, outperforming 86% of all stocks. 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 24.92 - 30.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, EWTX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for EWTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.91
30.33
We found 2 important support areas.
- Support @25.71 from a trend line in the daily time frame.
- A support zone ranging from 24.15 to 24.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.40 to 27.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.30 from a horizontal line in the weekly time frame.
- Resistance @28.82 from a trend line in the daily time frame.
- Resistance @30.03 from a horizontal 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
CRS86.09
Mansfield1.01
10 Day High29.14
10 Day Low24.92
20 Day High30.48
20 Day Low24.92
52 Week High38.12
52 Week Low14.9
Performance
1 Week4.04%
2 Weeks-5.65%
1 Month0.26%
3 Month-15.93%
6 Month40.04%
12 Month56.66%
2 Year182.57%
3 Year129.6%
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)0.01
RSI(14)48.75
LBB24.34
UBB29.88
27.07
-0.03 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.11%
1 Week4.04%
2 Weeks-5.65%
1 Month0.26%
3 Month-15.93%
6 Month40.04%
12 Month56.66%
2 Year182.57%
3 Year129.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%6.22%
ATR Inc74.01%
Range Today2.38
ADR(20)1.68
ADR(20)%6.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.09
Mansfield1.01
10 Day High29.14
10 Day Low24.92
20 Day High30.48
20 Day Low24.92
52 Week High38.12
52 Week Low14.9
CS1 End25.71
CR1 Start27.4
Volume & EV
DER(3)3.92%
DER(5)3.71%
Volume1.12M
Volume Incr31.69%
Vol(5)1.19M
Vol(50)971.54K