BRIGHT SCHOLAR EDUCATION-ADR (BEDU)
US1091992081 - ADR
We assign a technical rating of 4 out of 10 to BEDU. In the last year, BEDU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month BEDU has a been trading in the 1.81 - 2.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BEDU has an average volume of 16448 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BEDU is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 75% of 65 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, BEDU did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
BEDU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEDU is lagging the market slightly.
Although the technical rating is only medium, BEDU does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for BEDU in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.79
2.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.92 to 1.93. 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 1.81 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.00 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.06 from a horizontal line in the daily time frame.
- Resistance @2.39 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.17
Mansfield2.28
10 Day High2.2
10 Day Low1.81
20 Day High2.2
20 Day Low1.81
52 Week High3.23
52 Week Low0.81
Performance
1 Week1.31%
2 Weeks5.16%
1 Month-4.21%
3 Month36.27%
6 Month82.55%
12 Month-12.05%
2 Year-18.92%
3 Year-91.65%
5 Year-96.01%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)48.71
LBB1.79
UBB2.05
BRIGHT SCHOLAR EDUCATION-ADR
NYSE:BEDU (4/26/2024, 7:04:00 PM)
1.935
-0.01 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.76%
1 Week1.31%
2 Weeks5.16%
1 Month-4.21%
3 Month36.27%
6 Month82.55%
12 Month-12.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%5.5%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.2
10 Day Low1.81
20 Day High2.2
20 Day Low1.81
52 Week High3.23
52 Week Low0.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.10K
Volume Incr113.9%
Vol(5)18.00K
Vol(50)16.45K