ATGE Technical Analysis - ADTALEM GLOBAL EDUCATION INC

Technical Rating and Analysis

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.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, ATGE did better than 92% of all other stocks. We also observe that the gains produced by ATGE over the past year are nicely spread over this period.

ATGE is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry. ATGE outperforms 91% of them.

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.

In the last month ATGE has a been trading in the 132.00 - 155.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ADTALEM GLOBAL EDUCATION INC / ATGE Weekly stock chart

ADTALEM GLOBAL EDUCATION INC / ATGE Daily stock chart

Setup Rating and Analysis

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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

117.04

145.03

When analyzing the support we can see 3 important areas.

A support zone ranging from 143.58 to 143.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 126.17 to 127.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @118.22 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	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	92.28	POSITIVE	ATGE has a high relative strength, it outperformed 92.28% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of ATGE is below 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)	51.59	NEUTRAL	The RSI value for ATGE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.01	NEGATIVE	The MACD value suggests ATGE has a negative trend.
Stochastics (14,3)	36.37	NEUTRAL	The Stochastics value for ATGE is a neutral value.
Average True Range in percent/ATR (20)	2.71	MEDIUM VOLATILITY	The ATR as a percentage value for ATGE suggests some volalility.
Average Directional Index/ADX (14)	32.71	POSITIVE	The high ADX value value for ATGE suggests a strong trend.