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TMCNet:  Uptrend Call Working As New Oriental Education & Technology Stock Rises 27.0% (EDU)

[January 17, 2013]

Uptrend Call Working As New Oriental Education & Technology Stock Rises 27.0% (EDU)

Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for New Oriental Education & Technology (NYSE:EDU) on August 22nd, 2012 at $14.47. In approximately 5 months, New Oriental Education & Technology has returned 27.02% as of today's recent price of $18.38.


Over the past year, New Oriental Education & Technology has traded in a range of $9.41 to $29.19 and is now at $18.36, 95% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.8%.

New Oriental Education & Technology Group, Inc. offers educational services. The Company offers foreign language training, test preparation courses for admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online classes.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of New Oriental Education & Technology shares.Log in and add New Oriental Education & Technology (EDU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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