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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High volatility in Educational Development Corporation stock price on Thursday which ended trading at $2.07
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 08, 2024 Gain 18.19% PDF

The Educational Development Corporation stock price gained 2.48% on the last trading day (Thursday, 28th Mar 2024), rising from $2.02 to $2.07. During the last trading day the stock fluctuated 10.77% from a day low at $1.95 to a day high of $2.16. The price has risen in 5 of the last 10 days and is up by 8.38% over the past 2 weeks. Volume fell on the last day by -10 thousand shares and in total, 18 thousand shares were bought and sold for approximately $37.89 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 46.73% during the next 3 months and, with a 90% probability hold a price between $2.63 and $3.25 at the end of this 3-month period.

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EDUC Signals & Forecast

The Educational Development Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $2.06 and $1.85. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -4.17%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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

On the downside, the stock finds support just below today's level from accumulated volume at $1.91 and $1.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Educational Development Corporation finds support just below today's level at $1.91. If this is broken, then the next support from accumulated volume will be at $1.80 and $1.76.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.210 between high and low, or 10.77%. For the last week the stock has had daily average volatility of 14.64%.

Our recommended stop-loss: $1.98 (-4.49%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (EDUC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Educational Development Corporation to open at $2.06, and during the day (based on 14 day Average True Range), to move between $1.86 and $2.28, which gives a possible trading interval of +/-$0.214 (+/-10.34%) up or down from last closing price. If Educational Development Corporation takes out the full calculated possible swing range there will be an estimated 20.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.13 (2.90%) than the support at $1.91 (7.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Educational Development Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Educational Development Corporation stock to perform well in the short-term.

Current score: 3.475 Buy Candidate Unchanged

Predicted Opening Price for Educational Development Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.06 ( 0.483%) $2.07

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
Resistance R3 2.27 9.66 %
R2 2.19 5.79 %
R1 2.14 3.39 %
Current price: 2.07
Support S1 1.98 -4.36 %
S2 1.93 -6.75 %
S3 1.85 -10.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 2.16 4.35 %
R1 2.13 2.90 %
Current price 2.07
Support S1 1.91 -7.73%
S2 1.80 -13.04%
S3 1.76 -14.98%

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?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Educational Development Corporation stock to perform well in the short-term.

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 2024-03-28, the price of an Educational Development Corporation (EDUC) share was $2.07.

What is the 52-week high and low for Educational Development Corporation Stock?
The 52-week high for Educational Development Corporation Stock is $2.99 and the 52-week low is $0.80.

What is the market capitalization of Educational Development Corporation Stock?
As of the 2024-03-28, the market capitalization of Educational Development Corporation is 17.742M.

When is the next earnings date for Educational Development Corporation?
The upcoming earnings date for Educational Development Corporation is May 09, 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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