Technical Analysis for METX - Meten EdtechX Education Group Ltd.

Grade Last Price % Change Price Change
F 0.3052 -3.69% -0.01
METX closed up 4.76 percent on Monday, September 27, 2021, on 79 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical METX trend table...

Date Alert Name Type % Chg
Bullish Engulfing Bullish -3.69%
New 52 Week Low Weakness -3.69%
Outside Day Range Expansion -3.69%
Wide Bands Range Expansion -3.69%
Oversold Stochastic Weakness -3.69%
New 52 Week Closing Low Bearish 0.89%
Narrow Range Bar Range Contraction 0.89%
New 52 Week Low Weakness 0.89%
Wide Bands Range Expansion 0.89%
Oversold Stochastic Weakness 0.89%
Older End-of-Day Signals for METX ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% 25 minutes ago
Down 2 % about 5 hours ago
10 DMA Resistance about 5 hours ago
Down 1% about 5 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
View Earlier Intraday Alerts

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Profile

Meten EdtechX Education Group Ltd. Description

Meten EdtechX Education Group Ltd. provides English language training (ELT) services in the People's Republic of China. The company offers a range of educational programs, services, and products, which primarily consisting of classroom-based English, overseas, and online English training services, as well as operation of education software. Its ELT service portfolio includes general adult English training, junior English training, overseas training, online English training, and other English language-related services to students from a range of age groups. As of March 31, 2019, the company had a network of 136 learning centers covering 32 cities in 18 provinces, autonomous regions, and municipalities of China, which comprise 120 self-operated learning centers and 16 franchised learning centers. It also provides technology development and education consulting services. The company's customers include students of offline English training services; users of Likeshuo platform for online English training; and corporate customers comprising China-based Internet and information technology companies for offline English training services. It operates its learning centers under the ABC and Meten brands. The company was founded in 2006 and is headquartered in Shenzhen, China.


Classification

Sector: Consumer Defensive
Industry: Education & Training Services
Keywords: Technology Development English Language Education

Is METX 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 6.2
52 Week Low 0.2901
Average Volume 13,947,362
200-Day Moving Average 1.48
50-Day Moving Average 0.51
20-Day Moving Average 0.41
10-Day Moving Average 0.32
Average True Range 0.05
ADX 9.38
+DI 25.78
-DI 30.79
Chandelier Exit (Long, 3 ATRs) 0.79
Chandelier Exit (Short, 3 ATRs) 0.44
Upper Bollinger Bands 0.72
Lower Bollinger Band 0.10
Percent B (%b) 0.35
BandWidth 149.94
MACD Line -0.07
MACD Signal Line -0.07
MACD Histogram -0.0004
Fundamentals Value
Market Cap 16.89 Million
Num Shares 53.3 Million
EPS -0.27
Price-to-Earnings (P/E) Ratio -1.17
Price-to-Sales 0.93
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.36
Resistance 3 (R3) 0.35 0.34 0.35
Resistance 2 (R2) 0.34 0.32 0.34 0.35
Resistance 1 (R1) 0.33 0.32 0.33 0.33 0.35
Pivot Point 0.31 0.31 0.31 0.31 0.31
Support 1 (S1) 0.30 0.30 0.30 0.30 0.29
Support 2 (S2) 0.28 0.29 0.28 0.29
Support 3 (S3) 0.27 0.28 0.28
Support 4 (S4) 0.28