REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how EDU has been trading over the last 2 weeks and the past day especially. On its latest session, New Oriental Education & Technology Group, Inc. ($EDU) opened at 122.96, reaching a high of 122.99 and a low of 119.47 before closing at a price of 120.43. There was a total volume of 884071.
VOLUME INDICATORS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): We saw an accumulation-distribution index of 28280.59067, an on-balance volume of 123.63, chaikin money flow of 233.66667 and a force index of 0.1512. There was an ease of movement rating of 0.00837, a volume-price trend of 15.72551 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): We noted an average true range of 1.98693, bolinger bands of 121.86277, an upper bollinger band of 118.32723, lower bollinger band of 119.47, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 121.80667, high band keltner channel of 121.77667, low band keltner channel of 121.83667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 119.47, a donchian channel low band of 119.47, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): We calculated a Moving Average Convergence Divergence (MACD) of 0.02804, a MACD signal of 0.01558, a MACD difference of 0.01246, a fast Exponential Moving Average (EMA) indicator of 119.47, a slow Exponential Moving Average (EMA) indicator of 119.47, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.13675, a trix of 8.13102, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -13.85163, a KST Oscillator (KST) of 131.14795 and a KST Oscillator (KST Signal) of 131.14795 (leaving a KST difference of 2.95877). We also found an Ichimoku rating of 122.975, an Ichimoku B rating of 122.975, a Ichimoku visual trend A of 110.05246, an Ichimoku visual trend B of 113.03411, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 79.87502, a stochastic oscillator of 11733.33333, a stochastic oscillator signal of 11733.33333, a Williams %R rating of 11633.33333 and an awesome oscillator of -0.05767.
RETURNS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): There was a daily return of 13.11479, a daily log return of 1.04085 and a cumulative return of 1.04629.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for New Oriental Education & Technology Group, Inc. ($EDU)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling New Oriental Education & Technology Group, Inc. ($EDU) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.