ADTALEM GLOBAL EDUCATION INC (ATGE) Technical Analysis
NYSE:ATGE • US00737L1035
Current stock price
ATGE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ATGE. ATGE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- ATGE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATGE is lagging the market.
- ATGE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the performance of all stocks over the past year, ATGE turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- ATGE is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, ATGE did better than 61% of them.
ATGE Weekly and Daily overview Charts
ATGE Setup Rating and Analysis
The technical rating of ATGE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ATGE Support and Resistance Analysis
89.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 97.19 to 97.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.56 to 92.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 98.55 to 98.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 109.09 to 109.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
ATGE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ATGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATGE is down. |
| ChartMill Relative Strength | 46.23 | NEUTRAL | ATGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ATGE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ATGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.22 | NEUTRAL | The RSI value for ATGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests ATGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.39 | NEUTRAL | The Stochastics value for ATGE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for ATGE suggests high volalility. |
| Average Directional Index/ADX (14) | 35.89 | POSITIVE | The high ADX value value for ATGE suggests a strong trend. |
ATGE Chart- and CandleStick Pattern Analysis
ATGE Technicals: Chart, Performance Metrics, Trend & Indicators
98.54
+1.9 (+1.97%)
ADTALEM GLOBAL EDUCATION INC / ATGE TA FAQ
What is the technical rating for ATGE stock?
ChartMill assigns a technical rating of 2 / 10 to ATGE.
Can you provide the trend direction for ADTALEM GLOBAL EDUCATION INC?
The current trend direction for ADTALEM GLOBAL EDUCATION INC (ATGE) is Bearish.
Can you provide the RSI signal for ADTALEM GLOBAL EDUCATION INC?
ADTALEM GLOBAL EDUCATION INC (ATGE) has an RSI value of 42.2203. This indicates that the stock is currently neutral.
What is the MACD signal for ADTALEM GLOBAL EDUCATION INC (ATGE) stock?
The MACD indicator for ADTALEM GLOBAL EDUCATION INC (ATGE) has a value of -0.431817, indicating a bearish trend.
Can you provide the short term momentum for ADTALEM GLOBAL EDUCATION INC?
The short term momentum for ADTALEM GLOBAL EDUCATION INC (ATGE) is negative.