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Edwards Lifesciences Crosses Below its 10-day MA (EW)

By James Quinn

Today, shares of Edwards Lifesciences (NYSE:EW) have crossed bearishly below their 10-day moving average of $101.27 on a volume of 200K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Edwards Lifesciences has traded in a range of $61.38 to $112.00 and is now at $101.08, 65% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.5%.

SmarTrend is monitoring the recent change of momentum in Edwards Lifesciences. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Edwards Lifesciences in search of a potential trend change.

Keywords: moving crosses edwards lifesciences

Ticker(s): EW