Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
New Oriental Education & Tech Group, Inc ADR (NYSE:EDU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EDU
The long term trend has been UP since Jan 22nd, 2019 at 74.780
The intermediate term trend has been UP since Jan 7th, 2019 at 57.170
The short term trend has been UP since Mar 19th, 2019 at 79.175
Smart Scan Analysis for EDU
Based on a pre-defined weighted trend formula for chart analysis, EDU scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||108.4||Year High Date||2018-01-16|
|Year Low||51.21||Year Low Date||2018-10-24|
|52wk High||108.235||52wk High Date||2018-06-12|
|52wk Low||50.3||52wk Low Date||2018-12-24|
|Year End Close||19.43||Average Volume||1,855,226|
|Shares Outstanding||158,379||Short Interest||9,318,097|
|% Institutional||65.2||Market Cap||12,274M|