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- 5/29/2026 -
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Edwards Lifesciences (EW) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtOversold sectorWeekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineBearish Downside Tasuki Gap Candlestick
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It was a third consecutive positive week for the Edwards Lifesciences (EW). During the week, the EW climbed 0.69 points, or 0.80%, and closed at 86.47 on Friday, May 29, 2026. Weekly volume was 50% above average.

EW is a member of Health Care Sector. Health Care is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See EW long-term trend chart]
A long-term uptrend had started on July 25, 2024 at 58.93 and reached 88.28 on May 27, 2026. EW gained -29.35 points, or -49.80%, in 95 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 77.61 and resistance is at 94.43. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See EW medium-term trend chart]
A medium-term uptrend had started on February 11, 2026 at 74.66 and reached 88.28 on May 27, 2026. EW gained -13.62 points, or -18.24%, in 15 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (77.46) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See EW weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See EW short-term trend chart]
A short-term uptrend had started on May 11, 2026 at 76.49 and reached 88.28 on May 27, 2026. EW gained -11.79 points, or -15.41%, in 16 days. The price is now at the 15.35% retracement level.

Daily Technical Indicators: [See EW daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since May 18, 2026. This is an indication that the short-term trend is up.

Candlestick pattern: [See EW candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.59
Williams' Percentage Range (W%R) 18.70
Overbought
Lane's Stochastic (%D-Slow) 83.88
Overbought
Greed/Fear Indicator (GFI) 78.60
Moving Average Converg./Diverg. (MACD) 0.75
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.94
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 62.54
Greed/Fear Indicator (GFI) 65.77
Moving Average Converg./Diverg. (MACD) 0.43
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 94.43
Upper Bollinger Band 88.54
Daily Stochastic Crossing 86.84
Price 86.47
Monthly Trendline Resistance 84.05
Weekly Stochastic Crossing 84.03
Parabolic System 84.02
20 Day Moving Average 83.01
50 Day Moving Average 81.74
Lower Bollinger Band 78.52
Quarterly Trendline Support 77.61
Monthly Trendline Support 77.46
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Health Care Equipment 20
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 76.49
Low Date 05/11/2026
High 88.28
High Date 05/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.49
Low Date 05/11/2026
High 88.28
High Date 05/27/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 84.05
Support 77.46
Low 74.66
Low Date 02/11/2026
High 88.28
High Date 05/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 94.43
Support 77.61
Low 58.93
Low Date 07/25/2024
High 88.28
High Date 05/27/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 131.73
High Date 12/30/2021
Low 58.93
Low Date 07/25/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.