Why Is New Oriental Education & Technology Group Inc. (EDU) Stock Down Today?

Summary

New Oriental Education & Technology Group Inc. (EDU) is trading down -1.15% at $45.74, reflecting a negative shift in investor sentiment today. The stock opened at $46.26 and has moved between $45.71 and $46.35 so far.

Trading volume is 419027, which is 45% below its average, and the price action suggests selling interest.

Technically, EDU is trading below its 50-day moving average of $53.24 and below its 200-day moving average of $54.42, indicating short-term and long-term weakness.

Analyst sentiment is bullish. Meyka's AI assigns EDU a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +28.92% in 1 month ($58.97), +49.36% in 1 year ($68.32), and +106.58% in 5 years ($94.49).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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