Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
EW · Edwards Lifesciences Corporation
$90.56 +1.67% Oct 26 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$EW
Edwards Lifesciences CorporationEdwards Lifesciences Corporation is a large-cap Medical Specialties company in the Health Technology sector with a market cap of $52B.
Market Structure
Trend structure: range
Latest event: structure_shift
(bullish)
Support
88.79–89.70
· 8 touches · strong
Support
86.98–87.44
· 6 touches · strong
Support
80.24–80.65
· 5 touches · strong
Support
83.60–83.81
· 4 touches · moderate
Support
84.49–85.06
· 4 touches · moderate
Verdict · setup score 55/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 61
- Minervini 2. Quarterly EPS growth ≥ 25% — -26.1% QoQ
- O'Neil C: Quarterly EPS acceleration ≥ 25% — -26.1% QoQ
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 61
- Weinstein Volume expansion above average — Volume ratio 1.01x
- Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 7/13 pass; wait for the soft misses to improve.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
57
Neutral
Legend Score · rates the stock
Neutral (57/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 61
- Trend Template (25%) 75
- Institutional Footprint (20%) 60
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 44
RS rank 61: above-average strength. Trend template 6/8: passes the uptrend screen, structure intact. Institutional score 60: neutral — no clear institutional conviction. EPS -0% last quarter — no earnings momentum. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.
Earnings
Pre-earnings setup
Next earnings
Wednesday, October 28, 2026
After market close
Exact clock time not supplied by source
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
EW+1.67%
Sector proxy · XLV+0.00%
Broad market · SPY+0.71%
CatalystPending
Stock reactionPositive
Sector reactionWeak
Opening surgePending
Event riskEarnings-driven
Session internals Strong momentum
Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.
Vs prior close+1.67%
From the open+1.67%
Range position92%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$74.66
Tight Wks
1
Base
B1
SMA 200
$85.26
RS Line vs High
-8.9%
RS Line Slope
+2.7% ▲
Group Rank
#21/66
ADR%
2.4%
ATR(14)
$2.02 (2.2%)
Vol Pace (live)
N/A
A/D Days
22A / 13D
A/D Rating
A+
VDU Bars
0/10 d
Earnings
tomorrow
EW Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$EW · $90.56 · as of 2026-10-26 · multi-factor read
80
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▬ Sideways / consolidating
Monthly
▲ Uptrend
Moving Averages
50-day$88.04 ↑
100-day$88.31 ↑
200-day$85.26 ↑
Bullish (50 > 200)
RSI (14)
Reading60.3 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateBullish
Histogram+0.545
Bullish — MACD above its signal line and above zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width102% · 7.9%
Riding the upper band — strong momentum, but stretched.
Volume · Buyer vs Seller
Up/Down vol1.05 · Neutral
Rel volume1.01×
Pocket pivots · 10d0
5d vs 50d vol84%
Heavy vol up / down0 / 1
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
- 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $93.43swing level
R · $96.2952-week high
Price · $90.56now
S · $88.79swing level
S · $83.81swing level
S · $82.80swing level
Fibonacci · Uptrend swing
23.6% ◄ price here$91.62
38.2%$88.73
50.0%$86.39
61.8%$84.05
78.6%$80.73
Retracement support zones measured from the recent swing low up to the high.
The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for EW — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Monthly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice?
Ask a Legend about EW
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
D
Trend-template read: 7/13 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $90.56, MA150 $86.22, MA200 $85.26
1.2 150-day MA > 200-day MAMA150 $86.22 vs MA200 $85.26
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 61
2. Quarterly EPS growth ≥ 25%-26.1% QoQ
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
partialRule check says AVOID (2/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
N: Near 52-week high or RS line new high6.0% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 2.23%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-26.1% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 61
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $90.56 vs MA200 $85.26
Failing evidence
Volume expansion above averageVolume ratio 1.01x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
dennis
Watch
C
Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $82.43
Volatility-unit sizing (1N ≈ 1% of equity)1N = $2.05 (2.26% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
D
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $104.14-$108.67; trail the rest
Trail on the 10/20-day MA10-day MA $88.00 · 20-day MA $87.01 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyFalling Wedge is not one of Zanger's six
Not extended (≤5% above the breakout point)Not confirmed
zweig
Watch
D
Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Reasonable price for the growth (P/E ≤ 35); Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
4% Model (breadth proxy)63% of universe above 50-day — broad strength (adapted from Ned Davis 4% Model)
Failing evidence
EPS growth above the market (≥15% QoQ)-26.1% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 49.5x — no PEG or forward P/E stored
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$90.56
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 61
Volume vs average1.01x
Darvas
Watch
B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
mediumBuilding the top of the box (6.0% from 52W high) — watch for a box breakout with volume expansion.
Passing evidence
Price$90.56
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 61
Volume vs average1.01x
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$90.56
Distance from 52-week high6.0% below high
Failing evidence
Relative strengthRS 61
Volume vs average1.01x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Bullish Engulfing — Today's up candle fully engulfs yesterday's down candle — a classic bullish reversal, strongest after a pullback to support.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +0
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
-26%
Revenue growth ≥20% YoY
+12%
Gross margin ≥30%
78%
ROE ≥17%
11%
RS rating ≥80 (leadership)
61
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-6.0%
Method Playbook
Trade it like Zanger
EXACT LEVELS · PRO
Zanger D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro levelPublished-method rule: Use the breakout point of a named pattern (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle).
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Buy the breakout day on 150-200% of average volume. Never pay more than 5% above the breakout point.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Set the stop 2-3% below entry and sell on bad price action before it is even hit.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Sell 20-30% of the position at +15-20% from the breakout, then trail the rest on the 10/20-day moving average.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Out on a break of the 10/20-day MA, a failed breakout back below the pivot, or a reversal pattern — winners are held, laggards are sold fast.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Forming Patterns (predictive — not confirmed)
Head & Shoulders
bearish
forming
75%
built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~70.03 (neckline) to confirm, with measured-move risk toward ~43.77. A push back above 93.91 weakens the pattern; reclaiming 96.29 invalidates it.
Confirms below
70.03
Invalidates at
96.29
Left Shoulder
89.60
Head
96.29
Right Shoulder
93.91
Neckline
70.03
Target
43.77
LS 89.60 / head 96.29 / RS 93.91, neckline ~70.03, vol_fading=no
Cup & Handle
bullish
early
60%
built
Cup base building — 62% of the 16%-deep cup recovered. Watch for the right side to reach ~96.29, then a handle.
Confirms above
96.29
Invalidates at
88.72
Rim
96.29
Cup Low
81.15
Pivot
96.29
Mid Cup
88.72
Cup depth 16%, recovery 62%, handle=not yet
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
55
setup score
RS Score
61
Trend template
6/8
CANSLIM
60.5* (C)
upper slope: -0.206
lower slope: -0.0464
depth: 0.024
narrowing ratio: 0.139
prior decline: 0.157
upper touches: 3
lower touches: 3
vol declining: ✓
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly trend template 6/8 confirmed
Why This Setup?
D+W Confluence
Falling Wedge · schematic
prior_decline=15.7%, converging=yes, narrowing=14%, touches=upper:3/lower:3, near_upper=yes | Moderate trend (6/8) | Good RS (61) | High-confidence pattern (85%) | Stage 2 | Candle confirmation (bullish) | Readiness 47/100 (early) | CANSLIM 60.5 (C) | ⚠ Extended past buy zone; Not actionable yet
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
3/7
universals met
- A relative-strength leader — not met RS rank 22 — laggard
- Clear of earnings — not met in 1 days — event risk
- Not chasing (in range) — partly met Partly met — levels are a Pro detail
- Volume confirms — partly met 1.0× average — light
- Asymmetric reward — met Met — levels are a Pro detail
- In a confirmed uptrend — met Stage 2 · Trend template 6/8
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
6/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$90.56 vs SMA150 $86.22 / SMA200 $85.26
SMA 150 above SMA 200
SMA150 $86.22 vs SMA200 $85.26
SMA 200 trending up
Slope +0.18 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $88.04
Price above SMA 50
$90.56 vs SMA50 $88.04
30%+ above 52-week low
+21.3% from $74.66
Within 25% of 52-week high
-6.0% from $96.29
RS score above 70
RS 61
Fundamentals
52W Range
74%
Mkt Cap SEC
52.2B
EPS QoQ
-26%
Rev YoY
+12%
ROE
11%
Gross Margin
78%
D/E
0.06
EPS TTM
$1.83
P/E TTM
49.5x
Float
576M
Insider
No Buy
Company
Company profile
Edwards Lifesciences Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
C
60.5* CANSLIM
* disqualified on C, M
C · Curr. EPS
20
A · Annual EPS
69
N · New Highs
100
S · Supply/Demand
80
L · Leader RS
61
I · Inst. Spons.
96
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
6/8
W. RS
59
W. Support
$76.49
W. Resist
$96.29
W. Patterns
Cup & Handle
Basing
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
20× streakOct 27
Falling Wedge
✓ Gate
55
Oct 26
Falling Wedge
✓ Gate
55
0.0%
Oct 23
Falling Wedge
✓ Gate
77
+1.7%
Oct 23
Falling Wedge
✓ Gate
55
+1.7%
Latest News
Headlines for EWLoading headlines…
Get the full picture on EW
Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.
Start 7-Day Free Trial