ADTALEM GLOBAL EDUCATION INC (ATGE) Stock Technical Analysis
NYSE:ATGE - US00737L1035 - Common Stock
134.88 USD
+1.99 (+1.5%)
134.88 USD
0 (0%)
Taking everything into account, ATGE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATGE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ATGE is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by ATGE over the past year are nicely spread over this period.
ATGE is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 81% of 71 stocks in the same industry.
ATGE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ATGE has a been trading in the 111.53 - 136.26 range, which is quite wide. It is currently trading near the high of this range.
Although ATGE has an excellent technical rating, it does not offer a high 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
96.56
137.62
When analyzing the support we can see 5 important areas.
- A support zone ranging from 121.54 to 122.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.19 to 118.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.77 from a horizontal line in the weekly time frame.
- Support @111.76 from a trend line in the weekly time frame.
- Support @97.54 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.26 to 136.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ATGE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATGE is up. |
| ChartMill Relative Strength | 90.61 | POSITIVE | ATGE has a high relative strength, it outperformed 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.72 | OVERBOUGHT | The high RSI value suggests ATGE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.48 | POSITIVE | The MACD value suggests ATGE has a positive trend. |
| Stochastics (14,3) | 95.91 | OVERBOUGHT | The high Stochastics value suggests ATGE may be overbought. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ATGE suggests some volalility. |
| Average Directional Index/ADX (14) | 39.11 | POSITIVE | The high ADX value value for ATGE suggests a strong trend. |
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)
134.88
+1.99 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg1.5%
1 Week4.72%
2 Weeks10.7%
1 Month17.16%
3 Month4.96%
6 Month38.1%
12 Month79%
2 Year207.59%
3 Year257.87%
5 Year306.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.27
ATR(20)%2.89%
ATR Inc-2.84%
Range Today3.54
ADR(20)3.88
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.61
Mansfield2.11
10 Day High136.26
10 Day Low117.87
20 Day High136.26
20 Day Low111.53
52 Week High140.12
52 Week Low68.6
CS1 End122.61
CR1 Start136.26
Volume & EV
DER(3)-0.29%
DER(5)0.22%
Volume560.60K
Volume Incr-18.47%
Vol(5)349.22K
Vol(50)425.44K