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Shares of EDU Up 29.9% Since Uptrend Call on Shares
[November 28, 2012]

Shares of EDU Up 29.9% Since Uptrend Call on Shares

Nov 28, 2012 (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 3 months, New Oriental Education & Technology has returned 29.85% as of today's recent price of $18.79.

In the past 52 weeks, shares of New Oriental Education & Technology have traded between a low of $9.41 and a high of $29.19 and are now at $18.79, which is 100% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.6%.

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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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