ADTALEM GLOBAL EDUCATION INC (ATGE)
US00737L1035 - Common Stock
Taking everything into account, ATGE scores 8 out of 10 in our technical rating. In the last year, ATGE was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ATGE did better than 95% of all other stocks.
ATGE is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 95% of 67 stocks in the same industry.
ATGE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATGE is lagging the market slightly.
ATGE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ATGE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 63.02, a Stop Loss order could be placed below this zone.
More info and screens
45.22
66.80
4 important support areas can be observed.
- A support zone ranging from 63.02 to 63.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.88 from a trend line in the weekly time frame.
- A support zone ranging from 46.72 to 46.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @45.68 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.85 to 66.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.17
Mansfield0.84
10 Day High66.95
10 Day Low62.28
20 Day High66.95
20 Day Low62.28
52 Week High67.69
52 Week Low33.59
Performance
1 Week-3.67%
2 Weeks-2.11%
1 Month-4.43%
3 Month28.66%
6 Month5.07%
12 Month62.28%
2 Year75.23%
3 Year76.85%
5 Year39.91%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.75
RSI(14)49.57
LBB63.32
UBB66.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.86 | 63.01 | 1.85 (2.85%) | 25.00% |
| An entry @64.86. This is a Buy Stop order right above the 10 day moving average. | An exit @63.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.85 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of ATGE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADTALEM GLOBAL EDUCATION INC
NYSE:ATGE (6/14/2024, 7:04:00 PM)
After market: 63.03 0 (0%)63.03
-1.08 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.68%
1 Week-3.67%
2 Weeks-2.11%
1 Month-4.43%
3 Month28.66%
6 Month5.07%
12 Month62.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.64
ATR(20)%2.52%
ATR Inc
Range Today1.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High66.95
10 Day Low62.28
20 Day High66.95
20 Day Low62.28
52 Week High67.69
52 Week Low33.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume359.00K
Volume Incr9.92%
Vol(5)374.28K
Vol(50)395.07K