Technical Analysis for EDU - New Oriental Education & Technology Group, Inc.

Grade Last Price % Change Price Change
F 58.08 2.40% 1.36
EDU closed up 2.33 percent on Wednesday, November 20, 2024, on 66 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Oversold Stochastic Weakness 2.40%
Gapped Down Weakness 4.79%
Oversold Stochastic Weakness 4.79%
180 Bearish Setup Bearish Swing Setup 3.77%
Stochastic Buy Signal Bullish 3.77%
NR7 Range Contraction 3.77%
NR7-2 Range Contraction 3.77%
Narrow Range Bar Range Contraction 3.77%
Oversold Stochastic Weakness 3.77%
Slingshot Bearish Bearish Swing Setup 3.90%

   Recent Intraday Alerts

Alert Time
Up 2% about 1 hour ago
60 Minute Opening Range Breakout about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
Up 1% about 1 hour ago
Rose Above 10 DMA about 2 hours ago

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Profile

New Oriental Education & Technology Group, Inc. Description

New Oriental Education & Technology Group Inc. provides private educational services primarily in China. The company offers language training courses that consist of various types of English language training courses, as well as training courses for other foreign languages, including German, Japanese, French, Korean, and Spanish; and test preparation courses for language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries. It also operates primary and secondary schools in Yangzhou; develops and edits content for educational materials for language training and test preparation, such as books, software, CD-ROMs, magazines, and other periodicals that are distributed through its classrooms and bookstores, and third-party distributors; and offers online education programs, as well as online courses, such as language training, test preparation, professional certification, and business knowledge and skills training courses in the areas of accounting, legal, management, and others on its Website koolearn.com. In addition, the company provides consulting services to help students through the application and admission process for overseas educational institutions; college, graduate, and career counseling advice; and counseling for students with the immigration process for overseas studies, such as obtaining visas, and student and off-campus housing. Further, it offers pre-school education; and software and other technology development and distribution services. The company provides educational services under the New Oriental brand. As of May 31, 2012, it offered educational programs, services, and products to students through a network of 55 schools; 609 learning centers; 32 own and approximately 5,000 third-party bookstores; and approximately 17,600 teachers in 49 cities. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.


Classification

Sector: Consumer Defensive
Industry: Education & Training Services
Keywords: Magazines Distribution Services Educational Services Technology Development Online Education Consulting Services Educational Materials Periodicals Online Courses China Education Resources Immigration Test Preparation Kaplan Open Educational Resources

Is EDU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 97.2308
52 Week Low 54.0
Average Volume 2,048,177
200-Day Moving Average 75.58
50-Day Moving Average 65.44
20-Day Moving Average 59.76
10-Day Moving Average 57.42
Average True Range 2.46
RSI (14) 35.90
ADX 20.58
+DI 25.08
-DI 38.93
Chandelier Exit (Long, 3 ATRs) 59.75
Chandelier Exit (Short, 3 ATRs) 61.38
Upper Bollinger Bands 65.61
Lower Bollinger Band 53.90
Percent B (%b) 0.24
BandWidth 19.60
MACD Line -3.05
MACD Signal Line -2.81
MACD Histogram -0.2352
Fundamentals Value
Market Cap 9.39 Billion
Num Shares 166 Million
EPS 1.80
Price-to-Earnings (P/E) Ratio 31.51
Price-to-Sales 4.19
Price-to-Book 3.80
PEG Ratio 0.99
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.11
Resistance 3 (R3) 59.98 58.72 59.55
Resistance 2 (R2) 58.72 57.86 58.79 59.36
Resistance 1 (R1) 57.72 57.32 58.22 57.85 59.17
Pivot Point 56.46 56.46 56.71 56.53 56.46
Support 1 (S1) 55.46 55.60 55.96 55.59 54.27
Support 2 (S2) 54.20 55.06 54.27 54.08
Support 3 (S3) 53.20 54.20 53.90
Support 4 (S4) 53.33