New Oriental Stock Forecast - Price Action Indicator

EDU -  USA Stock  

USD 2.36  0.17  7.76%

New Oriental Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast New Oriental historical stock prices and determine the direction of New Oriental Education's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of New Oriental historical fundamentals such as revenue growth or operating cash flow patterns. Although New Oriental naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of New Oriental Education systematic risk associated with finding meaningful patterns of New Oriental fundamentals over time.
Continue to Historical Fundamental Analysis of New Oriental to cross-verify your projections.

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Asset Turnover is likely to gain to 0.56 in 2021. Weighted Average Shares is likely to gain to about 1.9 B in 2021. Weighted Average Shares Diluted is likely to gain to about 1.9 B in 2021.

Open Interest Agains t 2021-08-20 New Oriental Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast New Oriental's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest New Oriental's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies New Oriental stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current New Oriental's open interest, investors have to compare it to New Oriental's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of New Oriental is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in New Oriental. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
New Oriental Education has current Price Action Indicator of 0. Most investors in New Oriental cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the New Oriental's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets New Oriental's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
0.180
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New Oriental Trading Date Momentum

On July 28 2021 New Oriental Education was traded for  2.36  at the closing time. Highest New Oriental's price during the trading hours was 2.53  and the lowest price during the day was  2.21 . The net volume was 292.3 M. The overall trading history on the 28th of July did not cause price change. The trading delta at closing time to current price is 1.27% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for New Oriental

For every potential investor in New Oriental, whether a beginner or expert, New Oriental's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Oriental Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New Oriental. Basic forecasting techniques help filter out the noise by identifying New Oriental's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New Oriental stock to make a market-neutral strategy. Peer analysis of New Oriental could also be used in its relative valuation, which is a method of valuing New Oriental by comparing valuation metrics with similar companies.

New Oriental Education Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of New Oriental's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of New Oriental's current price.

New Oriental Risk Indicators

The analysis of New Oriental's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in New Oriental's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting New Oriental stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

New Oriental Investors Sentiment

The influence of New Oriental's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in New Oriental. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - EDU

New Oriental Education Investor Sentiment

Greater number of Macroaxis users are currently bullish on New Oriental Education. What is your trading attitude regarding investing in New Oriental Education? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with New Oriental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Oriental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Oriental will appreciate offsetting losses from the drop in the long position's value.

New Oriental Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for New Oriental and Elite Education Group. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Historical Fundamental Analysis of New Oriental to cross-verify your projections. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running New Oriental Education price analysis, check to measure New Oriental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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The market value of New Oriental Education is measured differently than its book value, which is the value of New Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Oriental's market value can be influenced by many factors that don't directly affect New Oriental Education underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine New Oriental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.