Londinia Opportunities Analyses - 12/27/2024 (GMT) EDWARDS LIFESCIENCES - 1H

EDWARDS LIFESCIENCES
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: EW
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 74.34 USD
My targets
78.94 USD (+3.77%)
82.09 USD (+7.91%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EDWARDS LIFESCIENCES as long as the price remains well above 74.34 USD. The buyers' bullish objective is set at 78.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 82.09 USD. If there is any crossing, the next objective would be the resistance located at 90.29 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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Additional analysis

Quotes

EDWARDS LIFESCIENCES rating 76.07 USD. On the day, this instrument gained +0.20% and was traded between 75.11 USD and 76.23 USD over the period. The price is currently at +1.28% from its lowest and -0.21% from its highest.

75.11
76.23
76.07

Here is a more detailed summary of the historical variations registered by EDWARDS LIFESCIENCES:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EDWARDS LIFESCIENCES in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 70.59 72.63 74.34 76.07 82.09 90.29 95.15
Change (%) -7.20% -4.52% -2.27% - +7.91% +18.69% +25.08%
Change -5.48 -3.44 -1.73 - +6.02 +14.22 +19.08
Level Intermediate Minor Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard74.2174.5775.2475.6076.2776.6377.30
Camarilla75.6475.7375.8375.9276.0176.1176.20
Woodie74.3874.6575.4175.6876.4476.7177.47
Fibonacci74.5774.9675.2075.6075.9976.2376.63


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.0071.1472.9874.1275.9677.1078.94
Camarilla73.9974.2674.5474.8175.0875.3675.63
Woodie70.3471.3273.3274.3076.3077.2879.28
Fibonacci71.1472.2872.9974.1275.2675.9777.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.8961.8966.6369.6374.3777.3782.11
Camarilla69.2469.9570.6671.3772.0872.7973.50
Woodie59.7662.3367.5070.0775.2477.8182.98
Fibonacci61.8964.8566.6769.6372.5974.4177.37

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 67.02
MACD (12,26,9): 0.4400
Directional Movement: 5.02
AROON (14): 85.72
DEMA (21): 75.71
Parabolic SAR (0,02-0,02-0,2): 74.75
Elder Ray (13): 0.54
Super Trend (3,10): 74.46
Zig ZAG (10): 76.08
VORTEX (21): 1.1300
Stochastique (14,3,5): 95.01
TEMA (21): 75.89
Williams %R (14): -0.60
Chande Momentum Oscillator (20): 1.35
Repulse (5,40,3): 1.5800
ROCnROLL: 1
TRIX (15,9): 0.0700
Courbe Coppock: 2.86
MA7: 74.82
MA20: 73.36
MA50: 70.52
MA100: 68.97
MAexp7: 75.65
MAexp20: 75.15
MAexp50: 74.50
MAexp100: 73.64
Price / MA7: +1.67%
Price / MA20: +3.69%
Price / MA50: +7.87%
Price / MA100: +10.29%
Price / MAexp7: +0.56%
Price / MAexp20: +1.22%
Price / MAexp50: +2.11%
Price / MAexp100: +3.30%

Quotes : - 15 min delayed data - Actions NYSE