EDTK Stock Skillful Craftsman Education Technology (EDTK, $1.01) price exceeded its 50-day Moving Average on November 21, 2024

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EDTK - Skillful Craftsman Education Technology Limited

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Odds of DOWN Trend

Price: $1.01

Daily change: -$0.03 (-2.88%)

Daily volume: 1.5K

Capitalization: $16.1M

Industry: Miscellaneous Commercial Services

EDTK saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for EDTK moved out of overbought territory on November 21, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 35 similar instances where the indicator exited the overbought zone. In of the 35 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

EDTK moved below its 50-day moving average on November 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for EDTK moved below the 200-day moving average on November 19, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDTK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EDTK entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 18, 2024. You may want to consider a long position or call options on EDTK as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EDTK just turned positive on November 08, 2024. Looking at past instances where EDTK's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EDTK advanced for three days, in of 183 cases, the price rose further within the following month. The odds of a continued upward trend are .

EDTK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.582) is normal, around the industry mean (27.149). P/E Ratio (3.281) is within average values for comparable stocks, (88.031). EDTK's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.729). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (2.655) is also within normal values, averaging (11.835).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EDTK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EDTK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.