New Oriental Education and Technology Group (EDU, $48.88) price may drop as it broke higher Bollinger Band on Apr 29, 2025

#MiscellaneousCommercialServices, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap
EDU - New Oriental Education and Technology Group
Bollinger signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $48.88
Daily change: +$1.91 (+4.07%)
Daily volume: 1M
Capitalization: $7.9B
Industry: Miscellaneous Commercial Services

This price move could be a signal that EDU may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 46 similar cases where EDU's price broke its higher Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 80%.