EDWARDS LIFESCIENCES - 1H - Technical analysis published on 07/13/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
44%
22%
33%
My opinion
Bearish under 98.27 USD
My targets
93.32 USD (-3.12%)
90.07 USD (-6.50%)
My analysis
The strong short-term decline in EDWARDS LIFESCIENCES calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 98.27 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 93.32 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 90.07 USD as an objective. Crossing it would then enable sellers to target 86.50 USD. Be careful, a return to above 98.27 USD could jeopardize the reversal.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EDWARDS LIFESCIENCES rating 96.33 USD. The price is lower by -0.01% since the last closing with the lowest point at 93.80 USD and the highest point at 97.26 USD. The deviation from the price is +2.70% for the low point and -0.96% for the high point.93.80
97.26
96.33
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EDWARDS LIFESCIENCES in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 86.50 | 90.07 | 93.32 | 96.33 | 96.47 | 98.27 | 101.96 |
| Change (%) | -10.20% | -6.50% | -3.12% | - | +0.15% | +2.01% | +5.84% |
| Change | -9.83 | -6.26 | -3.01 | - | +0.14 | +1.94 | +5.63 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 92.57 | 94.24 | 95.29 | 96.96 | 98.01 | 99.68 | 100.73 |
| Camarilla | 95.59 | 95.84 | 96.09 | 96.34 | 96.59 | 96.84 | 97.09 |
| Woodie | 92.26 | 94.09 | 94.98 | 96.81 | 97.70 | 99.53 | 100.42 |
| Fibonacci | 94.24 | 95.28 | 95.92 | 96.96 | 98.00 | 98.64 | 99.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.47 | 93.14 | 95.77 | 97.44 | 100.07 | 101.74 | 104.37 |
| Camarilla | 97.21 | 97.60 | 98.00 | 98.39 | 98.78 | 99.18 | 99.57 |
| Woodie | 91.94 | 93.38 | 96.24 | 97.68 | 100.54 | 101.98 | 104.84 |
| Fibonacci | 93.14 | 94.79 | 95.80 | 97.44 | 99.09 | 100.10 | 101.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.81 | 78.20 | 86.64 | 94.03 | 102.47 | 109.86 | 118.30 |
| Camarilla | 90.74 | 92.19 | 93.64 | 95.09 | 96.54 | 97.99 | 99.44 |
| Woodie | 71.35 | 78.46 | 87.18 | 94.29 | 103.01 | 110.12 | 118.84 |
| Fibonacci | 78.20 | 84.24 | 87.98 | 94.03 | 100.07 | 103.81 | 109.86 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.20 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -2.63 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 96.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 97.86 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 97.15 | |
| Zig ZAG (10): | 97.05 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 62.05 | |
| TEMA (21): | 96.32 | |
| Williams %R (14): | -35.01 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 1.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.73 |
| MA7: | 97.53 | |
| MA20: | 94.23 | |
| MA50: | 96.11 | |
| MA100: | 104.91 | |
| MAexp7: | 96.60 | |
| MAexp20: | 96.93 | |
| MAexp50: | 96.87 | |
| MAexp100: | 96.08 | |
| Price / MA7: | -1.23% | |
| Price / MA20: | +2.23% | |
| Price / MA50: | +0.23% | |
| Price / MA100: | -8.18% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -0.56% | |
| Price / MAexp100: | +0.26% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on EDWARDS LIFESCIENCES at the time of the analysis were as follows:
- EDWARDS LIFESCIENCES TO PRESENT AT THE BERNSTEIN 38TH ANNUAL STRATEGIC DECISIONS CONFERENCE
- EDWARDS ANNOUNCES KEY EVENTS FOR EUROPCR 2022
- EDWARDS LIFESCIENCES REPORTS FIRST QUARTER RESULTS
- EDWARDS LIFESCIENCES TO HOST EARNINGS CONFERENCE CALL ON APRIL 26, 2022
- EDWARDS MITRIS RESILIA VALVE RECEIVES FDA APPROVAL FOR MITRAL REPLACEMENT SURGERIES
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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