NEW ORIENTAL EDUCATIO-SP ADR (EDU) Stock Technical Analysis
NYSE:EDU - New York Stock Exchange, Inc. - US6475812060 - ADR - Currency: USD
Taking everything into account, EDU scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EDU was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EDU is a bad performer in the overall market: 85% of all stocks are doing better.
EDU is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 60% 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 41.62 - 49.17 range, which is quite wide. It is currently trading near the high of this range.
EDU has an average volume of 1344890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is only medium, EDU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
43.65
56.07
We found 1 important support area.
- A support zone ranging from 44.09 to 44.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 48.57 to 48.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.35 to 51.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.15 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 55.48 to 55.51. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for EDU is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDU is up. |
| ChartMill Relative Strength | 15.27 | NEGATIVE | EDU has a low relative strength, it was outperformed by 84.73% off all stocks 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) | UP | MIXED | The current price of EDU is below the rising 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) | 54.57 | NEUTRAL | The RSI value for EDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests EDU has a positive trend. |
| Stochastics (14,3) | 91.91 | OVERBOUGHT | The high Stochastics value suggests EDU may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for EDU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for EDU suggests a possible start of a new 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)
48.31
-0.09 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.19%
1 Week5.94%
2 Weeks4.45%
1 Month3.38%
3 Month4%
6 Month-7.72%
12 Month-28.21%
2 Year-10.93%
3 Year70.11%
5 Year-67.05%
10 Year135.77%
15 Year-51%
Volatility
ATR(14)1.47
ATR(20)%3.09%
ATR Inc-34.55%
Range Today0.76
ADR(20)1.39
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.27
Mansfield-1.9
10 Day High49.18
10 Day Low45.14
20 Day High49.18
20 Day Low41.62
52 Week High87.26
52 Week Low40.66
CS1 End44.55
CR1 Start48.57
Volume & EV
DER(3)2.1%
DER(5)2.48%
Volume650.04K
Volume Incr-51.39%
Vol(5)904.36K
Vol(50)1.34M