Trading Signals: EW Stock Price Prediction and Forecast

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Mon. Jul. 3, 2023

Trading Signals: EW Stock Price Prediction and Forecast (Thu. Jun. 5, 2008 - Wed. Sep. 27, 2023)

(Edwards Lifesciences Corporation)
EW latest price $91.4900 (-3.01%) ($90.7600 - $94.5600) on Mon. Jul. 3, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.49% (three month average)
RSI   73
Latest Price   $91.4900(-3.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   EW advances 0.4% a day on average for past five trading days.
Weekly Trend   EW advances 1.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support EW advance at 0% a week (0% probability)
GLD(60%)    DIA(56%)    SPY(56%)    IVE(53%)    VFMO(53%)
Factors Impacting EW price   EW will decline at least -0.745% in a week (0% probabilities).
VIXM(-46%)    VXX(-45%)    UUP(-37%)    TBT(-24%)    USO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.745% (StdDev 1.49%)
Hourly BBV 0 ()
Intraday Trend -2.3%

5 Day Moving Average   $91.69(-0.22%)
10 Day Moving Average   $91.29(0.22%)
20 Day Moving Average   $89.01(2.79%)
To recent high   -3%
To recent low   12.4%
Market Cap   $56.852b

Edwards Lifesciences Corp. engages in the patient-focused medical innovations for heart disease and critical care monitoring. Its products are categorized into three areas: Transcatheter Heart Valves, Surgical Structural Heart and Critical Care. The Transcatheter Heart Valves portfolio includes technologies designed to treat heart valve disease using catheter-based approaches as opposed to open surgical techniques. Its portfolio includes technologies designed for nonsurgical replacement of heart valves. The Surgical Structural Heart portfolio includes tissue heart valves and heart valve repair products for the surgical replacement or repair of a patient's heart valve. The portfolio also includes a diverse line of cardiac surgery systems used during minimally invasive surgical procedures, and cannulae, embolic protection devices and other products used during cardiopulmonary bypass. The Critical Care portfolio products hemodynamic monitoring systems used to measure a patient's heart function and fluid status in surgical and intensive care settings. The company was founded by Miles Lowell Edwards in 1958 and is headquartered in Irvine, CA..

$. EW price fluctuates within 3.64% (three month std-dev: 1.49%) daily (68% of days).

Sample size 38 Average positive next day return: 1.34%(55%) Average negative next day return: -1.39%(45%) Sample size 38 Average positive next three day return: 2.76%(63%) Average negative next three day return: -2.95%(37%) Sample size 38 Average positive next weekly return: 3.81%(63%) Average negative next weekly return: -3.94%(37%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230803

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_3_2023	84.11	89.01	91.29	91.69	91.98	93.25	91.49(-3.01%)	UD	OpenLong	75	-0.1	56	110	43	95	1.73	65%	0.18	68.7	1.49%	0	0.8	73	1.2
2	Jun_30_2023	83.96	88.7	91.32	91.29	91.31	92.54	94.33(2.51%)	UT	HoldLong	65	0.9	111	90	99	147	4.48	71%	0.21	66.8	1.43%	1.5	1.7	84	1
3	Jun_29_2023	83.78	88.19	90.98	90.5	90.26	90.7	92.02(1.75%)	UT	HoldLong	65	0.5	55	30	28	136	2.71	68%	0.17	63.7	1.4%	1.9	1.2	83	1
4	Jun_28_2023	83.64	87.67	90.55	90.36	90.1	90.08	90.44(0.28%)	UT	OpenLong	75	0	36	-10	2	136	1.51	67%	0.13	51.7	1.39%	0.5	0.9	70	1.2
5	Jun_27_2023	83.53	87.26	90.11	90.49	90.34	89.83	90.19(0.78%)	UD	OpenLong	65	-0.1	15	-40	-24	131	2.01	67%	0.14	41.3	1.4%	0.1	0.9	65	1.1

6	Jun_26_2023	83.41	86.84	89.56	90.83	90.69	90.12	89.49(-0.94%)	UD	OpenLong	65	-0.4	3	-50	-40	133	1.95	67%	0.08	36.4	1.4%	-1.2	0.8	65	1
7	Jun_23_2023	83.34	86.56	89.06	91.32	90.99	90.85	90.34(-1.08%)	UD	OpenLong	65	-0.3	18	-20	-26	151	3.35	67%	0.07	34.2	1.4%	-1.8	1.1	69	1.1
8	Jun_22_2023	83.28	86.26	88.41	91.51	91.39	91.26	91.33(0.26%)	UT	OpenLong	75	-0.1	60	-10	20	178	1.89	61%	0.13	30.3	1.39%	0.2	1.4	75	1.4
9	Jun_21_2023	83.17	86.11	87.78	90.73	91.24	91.14	91.09(-0.89%)	UD	OpenLong	75	0.1	66	10	29	175	2.17	61%	0.18	26	1.44%	-0.4	1.5	80	1.3
10	Jun_20_2023	83.02	85.91	87.24	89.62	90.04	91.51	91.91(-0.03%)	UD	OpenLong	75	0.7	92	130	63	180	2.69	61%	0.25	16.4	1.44%	0.6	1.9	80	1.2

11	Jun_16_2023	82.81	85.64	86.55	88.06	88.49	91.34	91.94(0.71%)	UT	HoldLong	65	1.4	171	240	163	196	6.6	64%	0.17	0.6	1.44%	1.2	2.2	80	1.6
12	Jun_15_2023	82.67	85.38	85.82	86.46	86.49	88.58	91.29(4.45%)	UT	OpenLong	75	1.9	159	170	159	157	3.58	64%	0.24	-19.3	1.48%	0	2.4	68	1.2
13	Jun_13_2023	82.47	85.2	85.06	84.9	84.77	85.64	87.4(2.14%)	UT	OpenLong	75	1.1	69	70	65	80	2.62	65%	0.08	-41.7	1.4%	1.5	1	57	1.3
14	Jun_12_2023	82.4	85.24	84.47	84.46	84.17	84.4	85.57(1.75%)	UT	OpenLong	75	0.5	10	10	10	10	2.58	62%	0.09	-45.9	1.43%	2.5	0.1	38	1.4
15	Jun_9_2023	82.33	85.4	84.12	84.53	84.47	83.91	84.1(0.17%)	DP	OpenShort	-75	-0.2	-15	-50	-12	-23	2.15	56%	0.06	-41.8	1.45%	1.4	-0.5	39	1.7

16	Jun_8_2023	82.28	85.63	83.9	84.78	84.8	83.94	83.96(0.57%)	DP	OpenShort	-75	-0.3	-52	-70	-50	-57	1.56	53%	0.07	-36.9	1.46%	-0.4	-0.7	40	2
17	Jun_7_2023	82.22	85.86	83.89	85.03	85.23	85.03	83.48(-2%)	DT	OpenShort	-75	-0.6	-32	-10	-24	-56	2.26	53%	0.06	-32.7	1.49%	-1.2	-0.9	38	2.2
18	Jun_6_2023	82.17	86.12	84.01	85.18	85.27	85.66	85.18(-0.88%)	N/A	N/A	0	0	15	40	35	-47	1.78	50%	0.04	-29.7	1.46%	-0.8	-0.4	39	2.4
19	Jun_5_2023	82.14	86.31	84.34	84.43	84.56	85.42	85.94(0.7%)	N/A	N/A	0	0.6	22	80	48	-58	1.69	50%	0.1	-35	1.54%	1.3	-0.1	40	2.3
20	Jun_2_2023	82.06	86.44	84.49	83.64	83.63	84.88	85.34(0.13%)	N/A	N/A	0	0.6	32	100	67	-75	2.04	53%	0.1	-41.3	1.56%	1.2	-0.4	37	2.2

21	Jun_1_2023	81.98	86.57	84.66	82.91	82.72	83.7	85.23(1.19%)	N/A	N/A	0	0.9	15	80	55	-105	2.55	53%	0.09	-47.4	1.56%	1.6	-0.5	38	2
22	May_31_2023	81.91	86.71	84.87	82.63	82.27	82.39	84.23(3.46%)	DP	OpenShort	-65	0.6	-23	-0	14	-134	6.12	53%	0.1	-49.7	1.57%	2.7	-0.9	34	1.2
23	May_30_2023	81.83	86.9	85.28	82.73	82.52	81.74	81.41(-0.73%)	DT	HoldShort	-65	-0.5	-88	-70	-61	-168	2.77	49%	0.12	-50.3	1.53%	-0.4	-2.1	22	1.3
24	May_26_2023	81.73	87.24	86.05	84.28	83.73	82.15	82.01(0.44%)	DP	OpenShort	-75	-1	-99	-150	-86	-139	2.31	54%	0.09	-43.3	1.58%	-0.5	-2.4	22	0.8
25	May_25_2023	81.66	87.56	86.79	85.46	85.43	83.29	81.65(-2.61%)	DT	HoldShort	-65	-2	-108	-180	-105	-118	3.44	54%		-30.7	1.59%	-1.2	-3.1	22	0.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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