ADTALEM GLOBAL EDUCATION INC (ATGE) Technical Analysis
NYSE:ATGE • US00737L1035
Current stock price
ATGE Technical Rating and Analysis
Taking everything into account, ATGE scores 2 out of 10 in our technical rating. 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 compared to the yearly performance of all other stocks, ATGE outperforms 46% of them, which is more or less in line with the market.
- ATGE is an average performer in the Diversified Consumer Services industry, it outperforms 65% of 73 stocks in the same industry.
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
3 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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.
What is the RSI signal for ADTALEM GLOBAL EDUCATION INC (ATGE) stock?
ADTALEM GLOBAL EDUCATION INC (ATGE) has an RSI value of 42.2203. This indicates that the stock is currently neutral.
What is the short term momentum for ATGE stock?
The short term momentum for ADTALEM GLOBAL EDUCATION INC (ATGE) is negative.
What is the buy/sell signal for ADTALEM GLOBAL EDUCATION INC (ATGE) stock?
The buy/sell signal for ADTALEM GLOBAL EDUCATION INC (ATGE) is sell as both the short term and long term trends are negative.