New Oriental Education & Technology Group, Inc. ($EDU): The Good, The Bad, The Ugly (2019-10-22)

REPORTING FOR 2019-10-22 | 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 114.26, reaching a high of 116.84 and a low of 114.14 before closing at a price of 116.56. There was a total volume of 1142861.

VOLUME INDICATORS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): We saw an accumulation-distribution index of 1383.63835, an on-balance volume of -113.82, chaikin money flow of 1.09302 and a force index of 1.8758. There was an ease of movement rating of 0.00185, a volume-price trend of 14.39802 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 1.74806, bolinger bands of 115.93186, an upper bollinger band of 110.38814, lower bollinger band of 114.14, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 115.08, high band keltner channel of 112.5, low band keltner channel of 117.66, 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 114.14, a donchian channel low band of 114.14, 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 -0.04397, a MACD signal of -0.02443, a MACD difference of -0.01954, a fast Exponential Moving Average (EMA) indicator of 114.14, a slow Exponential Moving Average (EMA) indicator of 114.14, 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 0.18174, a trix of 7.597, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -12.65143, a KST Oscillator (KST) of 124.65869 and a KST Oscillator (KST Signal) of 124.65869 (leaving a KST difference of -4.82813). We also found an Ichimoku rating of 115.55, an Ichimoku B rating of 115.55, a Ichimoku visual trend A of 105.75744, an Ichimoku visual trend B of 108.36411, 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 99.0604, a stochastic oscillator of 104.65116, a stochastic oscillator signal of 104.65116, a Williams %R rating of 4.65116 and an awesome oscillator of 0.02683.

RETURNS FOR NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP, INC. ($EDU): There was a daily return of 12.46587, a daily log return of -1.7321 and a cumulative return of -1.71719.

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 2019-10-22 (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.

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