EDU NEWS why is New Oriental Education & Technology Group, Inc. price falling or rising

EDU NEWS reasons for why stock price of New Oriental Education & Technology Group, Inc. is falling or rising

EDU New Oriental is falling or rising technical reasons

Technical analysis forecast for New Oriental Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT New Oriental EDU at this time. Stock is falling and might fall more.

It appears as if New Oriental EDU gave a large move recently.

Stock of New Oriental (EDU) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of New Oriental is bearish for shortterm, and stock might move down till 56.7 or till 53.7. Use a stoploss of 59.23 and if the stock hits stoploss, then it can shoot up till 61.73

EDU New Oriental is falling or rising NEWS fundamental reasons

More announcements and NEWS

EDU New Oriental Education & Technology Group, Inc. current price & indicator signals

Moving Averages for New Oriental Education & Technology Group, Inc.

  • 5Day Average: 58.2
  • 12Day Average: 56.97
  • 20Day Average: 58.74
  • 50Day Average: 65.26
  • 100Day Average: 66
  • 150Day Average: 70.52
  • 200Day Average: 75.06

EDU Indicators & signals

Indicator MACD (12,26,9)

58.15, 60.13, -2.48
Indicator MACD is in negative zone

Indicator ADX (14)

9.77, 25.97, 31.6
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EDU New Oriental Education & Technology Group, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 58.58 57.17 to 59.01 0% 0.63 times
26 Tue Nov 2024 58.58 57.17 to 59.01 -0.36% 0.63 times
25 Mon Nov 2024 58.79 58.15 to 60.32 2.49% 0.98 times
22 Fri Nov 2024 57.36 57.10 to 58.39 -0.61% 0.88 times
21 Thu Nov 2024 57.71 56.27 to 58.28 1.75% 0.95 times
20 Wed Nov 2024 56.72 55.20 to 57.46 2.33% 0.89 times
19 Tue Nov 2024 55.43 54.31 to 55.85 -0.96% 0.72 times
18 Mon Nov 2024 55.97 55.77 to 56.74 0.13% 1.14 times
15 Fri Nov 2024 55.90 54.86 to 56.01 1.54% 0.77 times
14 Thu Nov 2024 55.05 54.00 to 55.36 -0.63% 1.83 times
13 Wed Nov 2024 55.40 55.30 to 58.63 -4.66% 1.21 times
12 Tue Nov 2024 58.11 57.59 to 58.77 -3.13% 0.92 times

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