Skillful Craftsman Education Tchnlgy Ltd (EDTK) Stock: What Does the Chart Say Thursday?

Thursday, May 11, 2023 12:50 PM | InvestorsObserver Analysts

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Skillful Craftsman Education Tchnlgy Ltd (EDTK) Stock: What Does the Chart Say Thursday?

Overall market sentiment has been high on Skillful Craftsman Education Tchnlgy Ltd (EDTK) stock lately. EDTK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Skillful Craftsman Education Tchnlgy Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EDTK!

See Full EDTK Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With EDTK Stock Today?

Skillful Craftsman Education Tchnlgy Ltd (EDTK) stock is trading at $1.77 as of 12:18 PM on Thursday, May 11, a gain of $0.03, or 1.72% from the previous closing price of $1.74. Volume today is high. So far 62,265 shares have traded compared to average volume of 33,340 shares. The stock has traded between $1.74 and $1.90 so far today. To screen for more stocks like Skillful Craftsman Education Tchnlgy Ltd click here.

More About Skillful Craftsman Education Tchnlgy Ltd

Skillful Craftsman Education Technology Ltd provides online education and technology services in China. The services comprises of two aspects - Online vocational training and Virtual simulation experimental training. It covers a wide range of subjects, including mechanics, electronics, auto repair and construction. Majority of the revenues is generated from the People's Republic of China. Click Here to get the full Stock Report for Skillful Craftsman Education Tchnlgy Ltd stock.