New Oriental Stock Forecast - Daily Balance Of Power

E1DU34 Stock  BRL 22.33  0.01  0.04%   
New Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast New Oriental stock prices and determine the direction of New Oriental Education's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of New Oriental's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 21, 2024 New Oriental Education had Daily Balance Of Power of 0.8861. Balance of Power indicator (or BOP) measures the strength of New Oriental Education market sensitivity to bulls and bears. It estimates the ability of New Oriental buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring New Oriental Balance of Power indicator one can determine a trend of the price direction.
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New Oriental Trading Date Momentum

On November 22 2024 New Oriental Education was traded for  22.33  at the closing time. The highest price during the trading period was 22.69  and the lowest recorded bid was listed for  22.33 . The volume for the day was 934. This history from November 22, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.04% . The trading delta at closing time to the current price is 1.48% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for New Oriental

For every potential investor in New, 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 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New Oriental's price trends.

New Oriental 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.
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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 Market Strength Events

Market strength indicators help investors to evaluate how New Oriental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Oriental shares will generate the highest return on investment. By undertsting and applying New Oriental stock market strength indicators, traders can identify New Oriental Education entry and exit signals to maximize returns.

New Oriental Risk Indicators

The analysis of New Oriental's basic risk indicators is one of the essential steps in accurately forecasting 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 essential techniques for forecasting new stock prices, 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 investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in New Stock

When determining whether New Oriental Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Oriental Education Stock. Highlighted below are key reports to facilitate an investment decision about New Oriental Education Stock:
Check out Historical Fundamental Analysis of New Oriental to cross-verify your projections.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 if New Oriental is a good investment 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.