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Archive - 5/29/2026 - Sign In to see current Signals. |
Edwards Lifesciences (EW) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | 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.
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