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Is GOTU setting up for a drop? 20 Day Moving Average Resistance shows up after rocketing 5.59%

GSX Techedu Inc. (GOTU) — Nightly Technical Analysis · Jul 29, 2026, 20:08 ET
GOTU finished higher by 5.59% on Wednesday, July 29th, trading 0.5 times its typical volume. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 1.62, 1.54 & 1.48, with resistance at 1.76, 1.82 & 1.9.

Current SwingTradeBot Technical Rating of GOTU: F

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Gaotu Techedu Inc. (GOTU)