Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Gaotu Techedu Inc. American Depositary Shares (NYSE:GOTU)
Countertrend Up (+85) - GOTU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GOTU?
MarketClub looks at technical strength and momentum to determine if the timing is right for GOTU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GOTU
The long-term trend has been UP since Dec 11th, 2023 at 3.09
The intermediate-term trend has been UP since May 2nd, 2024 at 7.20
The short-term trend has been DOWN since May 8th, 2024 at 6.91
Smart Scan Analysis for GOTU
Based on our trend formula, GOTU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.900 | 7.135 | 6.820 | 7.125 | +0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.130 | 1071721 | 2024-05-08 15:59:34 |
| 52wk High | 8.42 | 52wk High Date | 2024-03-01 |
| 52wk Low | 2.22 | 52wk Low Date | 2023-10-31 |
| Average Volume | 2,849,138 | Shares Outstanding | 238,320 |
| Assets | 541,330,900M | Liabilities | 230,704,400M |
| P/E Ratio | 52.1739 |