RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EDUC
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Weaker technical forecast for Educational Development Corporation as stock downgraded to Sell Candidate.
(Updated on Jun 18, 2024)

Sell candidate since Jun 18, 2024 PDF

The Educational Development Corporation stock price fell by -2.06% on the last day (Tuesday, 18th Jun 2024) from $1.94 to $1.90. During the last trading day the stock fluctuated 5.86% from a day low at $1.86 to a day high of $1.97. The price has risen in 6 of the last 10 days and is up by 12.43% over the past 2 weeks. Volume has increased on the last day by 9 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 15 thousand shares were bought and sold for approximately $27.91 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.24% during the next 3 months and, with a 90% probability hold a price between $1.24 and $1.96 at the end of this 3-month period.

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EDUC Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has risen 17.28%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Educational Development Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.94. On a fall, the stock will find some support from the short-term average at $1.86. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Educational Development Corporation gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Educational Development Corporation stock

Educational Development Corporation finds support from accumulated volume at $1.81 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.109 between high and low, or 5.86%. For the last week, the stock has had daily average volatility of 11.28%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EDUC) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Educational Development Corporation to open at $1.91, and during the day (based on 14 day Average True Range), to move between $1.73 and $2.07, which gives a possible trading interval of +/-$0.168 (+/-8.86%) up or down from last closing price. If Educational Development Corporation takes out the full calculated possible swing range there will be an estimated 17.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.81 (4.74%) than the resistance at $2.01 (5.79%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Educational Development Corporation stock A Buy?

Educational Development Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.068 Sell Candidate Downgraded

Predicted Opening Price for Educational Development Corporation of Thursday, June 20, 2024

Fair opening price June 20, 2024 Current price
$1.91 ( 0.544%) $1.90

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EDUC

Fibonacci Support & Resistance Levels

Level Price
R3 2.02 6.28%
R2 1.98 4.09%
R1 1.95 2.74%
Price 1.90
S1 1.87 -1.65%
S2 1.84 -3.00%
S3 1.80 -5.19%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.18 14.74%
R2 2.16 13.68%
R1 2.01 5.79%
Price 1.90
S1 1.81 -4.74%
S2 1.75 -7.89%
S3 1.62 -14.74%

EDUC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 31, 2022 Feb 18, 2022 Mar 10, 2022 $0.100 1.19%
2 Oct 07, 2021 Nov 17, 2021 Dec 09, 2021 $0.100 1.17%
3 Jul 08, 2021 Aug 23, 2021 Sep 07, 2021 $0.100 0.91%
4 May 12, 2021 Jun 01, 2021 Jun 17, 2021 $0.100 0.726%
5 Jan 11, 2021 Feb 22, 2021 Mar 11, 2021 $0.100 0.523%

FAQ

What is the symbol for Educational Development Corporation Stock and on which exchange is it traded?
The symbol for Educational Development Corporation is EDUC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Educational Development Corporation Stock?
Educational Development Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Educational Development Corporation Stock?
Educational Development Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Educational Development Corporation Stock.

What's the current price of Educational Development Corporation Stock?
As of the end of day on the Jun 18, 2024, the price of an Educational Development Corporation (EDUC) share was $1.90.

What is the 52-week high and low for Educational Development Corporation Stock?
The 52-week high for Educational Development Corporation Stock is $2.95 and the 52-week low is $0.80.

What is the market capitalization of Educational Development Corporation Stock?
As of the Jun 18, 2024, the market capitalization of Educational Development Corporation is 16.293M.

When is the next earnings date for Educational Development Corporation?
The upcoming earnings date for Educational Development Corporation is Jul 11, 2024.
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About Educational Development Corporation

Educational Development Educational Development Corporation, a publishing company, operates as a trade co-publisher of educational children's books in the United States. It operates through two segments, Publishing and Usborne Books & More (UBAM). The company offers various books, including touchy-feely board books, activity books and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as internet-linked books comprising... EDUC Profile

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