Stock Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) (NYSE:EDU)
Sidelines Mode (-55) - EDU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EDU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EDU
The long-term trend has been UP since Apr 8th, 2022 at 2.1300
The intermediate-term trend has been DOWN since Sep 19th, 2022 at 24.2601
The short-term trend has been UP since Sep 26th, 2022 at 22.9150
Smart Scan Analysis for EDU
Based on our trend formula, EDU is rated as a -55 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||29.8||52wk High Date||2022-08-31|
|52wk Low||8.4||52wk Low Date||2022-03-15|
|Year End Close||19.43||Average Volume||1,838,923|
|Shares Outstanding||158,379||Short Interest||9,318,097|
|% Institutional||65.2||Market Cap||16,830M|