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

Grade Last Price % Change Price Change
F 73.40 4.37% 3.07
EDU closed up 4.37 percent on Friday, July 26, 2024, on 1.74 times 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.
Earnings due: Jul 31
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Down 3 Days in a Row Weakness 4.37%
Gapped Down Weakness 4.37%
Lower Bollinger Band Touch Weakness 4.37%
180 Bearish Setup Bearish Swing Setup -1.33%
Gapped Down Weakness -1.33%
Gapped Down Weakness -2.92%
20 DMA Resistance Bearish -3.83%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 11 hours ago
Rose Above Previous Day's High about 12 hours ago
Up 5% about 12 hours ago
Rose Above 10 DMA about 12 hours ago
10 DMA Resistance about 13 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 98.2
52 Week Low 49.94
Average Volume 1,473,092
200-Day Moving Average 78.88
50-Day Moving Average 77.56
20-Day Moving Average 76.39
10-Day Moving Average 73.59
Average True Range 2.89
RSI (14) 44.75
ADX 14.03
+DI 22.30
-DI 32.52
Chandelier Exit (Long, 3 ATRs) 74.68
Chandelier Exit (Short, 3 ATRs) 78.74
Upper Bollinger Bands 82.90
Lower Bollinger Band 69.87
Percent B (%b) 0.27
BandWidth 17.06
MACD Line -1.37
MACD Signal Line -1.08
MACD Histogram -0.2872
Fundamentals Value
Market Cap 12.15 Billion
Num Shares 166 Million
EPS 1.80
Price-to-Earnings (P/E) Ratio 40.78
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) 79.64
Resistance 3 (R3) 79.31 76.90 78.60
Resistance 2 (R2) 76.90 75.31 77.07 78.25
Resistance 1 (R1) 75.15 74.33 76.03 75.48 77.91
Pivot Point 72.74 72.74 73.18 72.91 72.74
Support 1 (S1) 70.99 71.15 71.87 71.32 68.89
Support 2 (S2) 68.58 70.17 68.75 68.55
Support 3 (S3) 66.83 68.58 68.20
Support 4 (S4) 67.16