Stock Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
Edgewise Therapeutics, Inc. (NASDAQ:EWTX)
Long-Term Downtrend (-90) - EWTX is in a strong downtrend that is likely to continue. While EWTX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EWTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWTX
The long-term trend has been DOWN since Dec 3rd, 2021 at 14.830
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 18.485
The short-term trend has been DOWN since Nov 22nd, 2021 at 19.910
Smart Scan Analysis for EWTX
Based on our trend formula, EWTX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||40.49||52wk High Date||2021-03-29|
|52wk Low||13.6||52wk Low Date||2021-08-26|
|Average Volume||159,963||Shares Outstanding||49,296|