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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Gaotu Techedu Inc. American Depositary Shares (NYSE:GOTU)
Long-Term Downtrend (-90) - GOTU is in a strong downtrend that is likely to continue. While GOTU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jun 3rd, 2024 at 5.645
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 2.990
The short-term trend has been DOWN since Nov 8th, 2024 at 2.980
Smart Scan Analysis for GOTU
Based on our trend formula, GOTU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.600 | 2.605 | 2.550 | 2.605 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.600 | 612531 | 2024-11-19 15:59:28 |
| 52wk High | 8.435 | 52wk High Date | 2024-05-17 |
| 52wk Low | 2.3 | 52wk Low Date | 2023-11-30 |
| Average Volume | 1,510,341 | Shares Outstanding | 238,320 |
| Assets | 584,585,400M | Liabilities | 317,416,800M |
| P/E Ratio | 52.1739 |