Shockwave Medical Inc (SWAV): Price Now Near $213.33; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for SWAV

At the time of this writing, SWAV (Get Ratings)’s price is up $1.54 (0.73%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

SWAV ranks 8th in terms of today’s price percentage change out of Medical Equipment stocks.

SWAV’s Technical Outlook on the Daily Chart

At the moment, SWAV’s price is up $1.5 (0.71%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as SWAV has now gone up 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Shockwave Medical Inc’s price action over the past 90 days can be seen via the chart below.

SWAV

<

SWAV: Daily RSI Analysis

  • For SWAV, its RSI is now at 100.
  • SWAV and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market