Edwards Lifesciences (EW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for EW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$89.60last close · Aug 4, 202652-week range $72.30 – $96.29 · 6.95% below the high

EW Rising Wedge Pattern

EW is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge usually breaks lower, but EW is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $100.74 (+11.7%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; EW's own rising wedges have hit 54.2%.

DirectionBullishTarget$100.74Projected move+11.7%Breakout level$91.72

New to this pattern? What a rising wedge is and how to trade it →

EW's Most Recent Rising Wedge Trade

EW's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Jul 1, 2026 near $92.22, then was stopped out at $85.00 on Jul 20, 2026 — a -1.05R move (7.8%) over 12 sessions. Across 116 backtested rising wedges, this setup wins 60.3% of the time.

OutcomeLossResult-1.05REntry$92.22Exit$85.00

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
EW win rate
54.2%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

EW Pattern Trade History

Every completed pattern trade our nightly backtest found on EW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 1, 2026 @ $92.22Jul 20, 2026 @ $85.00Loss-1.05R
Rising WedgeMay 8, 2026 @ $82.79May 11, 2026 @ $77.45Win+2.73R
Falling WedgeApr 20, 2026 @ $81.59Jun 3, 2026 @ $86.00Win+0.98R
TriangleDec 9, 2025 @ $83.98Feb 5, 2026 @ $79.61Win+1.12R
Falling WedgeOct 21, 2025 @ $75.55Nov 18, 2025 @ $84.04Win+2.61R
TriangleSep 12, 2025 @ $77.11Oct 29, 2025 @ $82.69Loss-1.00R
TriangleJun 13, 2025 @ $75.20Jul 10, 2025 @ $78.80Loss-1.10R
Rising WedgeNov 27, 2024 @ $72.51Aug 6, 2025 @ $78.61Win+0.80R
TriangleNov 25, 2024 @ $71.37May 21, 2025 @ $76.10Win+0.73R
Falling WedgeOct 30, 2024 @ $70.49Feb 21, 2025 @ $73.30Win+0.50R
TriangleSep 23, 2024 @ $66.63Nov 27, 2024 @ $72.07Loss-1.07R
Falling WedgeMay 9, 2024 @ $86.02May 23, 2024 @ $87.46Win+0.57R

EW Support and Resistance Levels

Price is bouncing off a floor near $81.14 and starting to climb. On the weekly chart, the next ceiling overhead sits near $204.53 — about 128% away.

  • Traders commonly watch $204.53 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $81.14 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $81.14, resistance near $94.77. These are chart/swing-derived levels, not formula pivots.

Resistance
$94.77$94.97$207.96
Support
$81.14

EW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$88.50$89.83$88.16$89.60
Aug 3, 2026$86.89$88.91$86.39$88.82
Jul 31, 2026$87.08$87.08$85.24$86.07
Jul 30, 2026$85.41$87.04$85.05$86.92
Jul 29, 2026$84.79$86.00$82.91$85.76
Jul 28, 2026$84.60$85.51$83.22$83.68
Jul 27, 2026$83.30$84.12$81.16$83.04
Jul 24, 2026$88.00$89.08$82.53$82.63
Jul 23, 2026$83.52$84.45$82.99$83.82
Jul 22, 2026$85.22$85.53$84.02$84.37

EW Frequently Asked Questions

What chart pattern is EW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Edwards Lifesciences (EW) on the daily chart, with a measured-move target of $100.74.
Is a rising wedge bullish or bearish?
The rising wedge detected on EW is a bullish pattern, projecting a measured-move target of $100.74. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for EW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), EW's nearest support is around $81.14 and nearest resistance around $94.77.
What is the price target if EW's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $100.74 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EW's closing price on Aug 4, 2026?
Edwards Lifesciences (EW) last closed at $89.60 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.