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EWTX forms Shooting Star Candlestick on June 25

Edgewise Therapeutics, Inc. (EWTX) — Nightly Technical Analysis · Jun 26, 2026, 02:02 ET
On Thursday, June 25th, EWTX moved down 1.44% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — Shooting Star, New 52 Week High, Shooting Star Candlestick & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 40.56, 39.44 & 37.75, with resistance at 43.37, 45.06 & 46.18. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of EWTX: A

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Edgewise Therapeutics, Inc. (EWTX)