NEW ORIENTAL EDUCATIO-SP ADR (EDU) Stock Technical Analysis
NYSE:EDU - US6475812060 - ADR
52.05 USD
+1.9 (+3.79%)
53 USD
+0.95 (+1.83%)
Taking everything into account, EDU scores 4 out of 10 in our technical rating. EDU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, EDU is a bad performer in the overall market: 70% of all stocks are doing better.
EDU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EDU has a been trading in the 45.51 - 52.16 range, which is quite wide. It is currently trading near the high of this range.
EDU has an average volume of 1227510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EDU is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, EDU did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
EDU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.65
56.75
4 important support areas can be observed.
- Support @51.60 from a trend line in the daily time frame.
- A support zone ranging from 48.01 to 48.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.70 from a horizontal line in the daily time frame.
- A support zone ranging from 44.09 to 45.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @54.15 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 55.48 to 56.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EDU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDU is up. |
| ChartMill Relative Strength | 30.57 | NEUTRAL | EDU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EDU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EDU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.69 | OVERBOUGHT | The high RSI value suggests EDU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests EDU has a positive trend. |
| Stochastics (14,3) | 93.1 | OVERBOUGHT | The high Stochastics value suggests EDU may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for EDU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for EDU suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
52.05
+1.9 (+3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg3.79%
1 Week5.94%
2 Weeks9.69%
1 Month14.14%
3 Month11.91%
6 Month2.62%
12 Month-12.77%
2 Year-11.1%
3 Year117.15%
5 Year-65.18%
10 Year157.55%
15 Year-46.66%
Volatility
ATR(14)1.16
ATR(20)%2.28%
ATR Inc59.28%
Range Today0.89
ADR(20)1.09
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.57
Mansfield-1.19
10 Day High52.16
10 Day Low45.91
20 Day High52.16
20 Day Low45.51
52 Week High87.26
52 Week Low40.66
CS1 End51.6
CR1 Start54.15
Volume & EV
DER(3)-0.3%
DER(5)-0.35%
Volume1.53M
Volume Incr-18.5%
Vol(5)683.78K
Vol(50)1.23M