NEW ORIENTAL EDUCATIO-SP ADR (EDU) Stock Technical Analysis
NYSE:EDU - New York Stock Exchange, Inc. - US6475812060 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to EDU. EDU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, EDU is a bad performer in the overall market: 90% of all stocks are doing better.
EDU is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 66% are performing better than EDU.
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.
In the last month EDU has a been trading in the 45.20 - 54.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EDU has an average volume of 1093310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EDU has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.21
60.28
5 important resistance areas can be observed.
- A resistance zone ranging from 48.65 to 49.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.34 to 51.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.36 to 53.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.48 from a horizontal line in the daily time frame.
- Resistance @59.68 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for EDU is down. |
| ChartMill Relative Strength | 10.57 | NEGATIVE | EDU has a low relative strength, it was outperformed by 89.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.23 | NEUTRAL | The RSI value for EDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests EDU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.92 | OVERSOLD | The low Stochastics value suggests EDU may be oversold. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for EDU suggests some volalility. |
| Average Directional Index/ADX (14) | 19.3 | 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)
46.68
+1.16 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg2.55%
1 Week-6.68%
2 Weeks-10.83%
1 Month-14.32%
3 Month-0.26%
6 Month-0.09%
12 Month-36.4%
2 Year-16.84%
3 Year70.3%
5 Year-66.7%
10 Year108.39%
15 Year-52.27%
Volatility
ATR(14)1.8
ATR(20)%3.49%
ATR Inc7.89%
Range Today1.17
ADR(20)1.49
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.57
Mansfield-2.41
10 Day High52.46
10 Day Low45.2
20 Day High54.8
20 Day Low45.2
52 Week High87.26
52 Week Low40.66
CS1 EndN/A
CR1 Start48.65
Volume & EV
DER(3)2.29%
DER(5)1.29%
Volume1.13M
Volume Incr53.48%
Vol(5)1.87M
Vol(50)1.09M