BRIGHT SCHOLAR EDUCATION-ADR (BEDU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BEDU - US1091992081 - ADR
We assign a technical rating of 9 out of 10 to BEDU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BEDU is showing a nice and steady performance.
Although BEDU has an excellent technical rating, it does not present a decent entry opportunity 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.
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1.49
6 important support areas can be observed.
- A support zone ranging from 2.16 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.12 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.80 from a trend line in the weekly time frame.
- Support @1.62 from a trend line in the weekly time frame.
- Support @1.57 from a trend line in the daily time frame.
- Support @1.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.26 to 2.26. 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 BEDU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEDU is up. |
| ChartMill Relative Strength | 84.1 | POSITIVE | BEDU has a high relative strength, it outperformed 84.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEDU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEDU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.4 | NEUTRAL | The RSI value for BEDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BEDU has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for BEDU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for BEDU suggests low volalility. |
| Average Directional Index/ADX (14) | 38.69 | POSITIVE | The high ADX value value for BEDU suggests a strong trend. |
2.25
+0.01 (+0.45%)
BRIGHT SCHOLAR EDUCATION-ADR / BEDU FAQ
Can you provide the ChartMill technical rating for BRIGHT SCHOLAR EDUCATION-ADR?
ChartMill assigns a technical rating of 9 / 10 to BEDU.
What is the current trend direction of BRIGHT SCHOLAR EDUCATION-ADR (BEDU) stock?
The current trend direction for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) is Bullish.
What is the RSI signal for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) stock?
BRIGHT SCHOLAR EDUCATION-ADR (BEDU) has an RSI value of 65.3961. This indicates that the stock is currently neutral.
What is the MACD signal for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) stock?
The MACD indicator for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) has a value of 0.00310527, indicating a bearish trend.
Can you provide the support and resistance levels for BRIGHT SCHOLAR EDUCATION-ADR?
BRIGHT SCHOLAR EDUCATION-ADR (BEDU) has a support level at 2.21 and a resistance level at 2.26. Check the full technical report for our detailed analysis of BEDU support and resistance levels.