BRIGHT SCHOLAR EDUCATION-ADR (BEDU) Technical Analysis
NYSE:BEDU • US1091992081
Current stock price
BEDU Technical Rating and Analysis
Taking everything into account, BEDU scores 9 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, BEDU is showing a nice and steady performance.
- Warning: BEDU has an average volume of 11164 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- BEDU is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 81% of 73 stocks in the same industry.
- BEDU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BEDU is leading the market.
- In the last month BEDU has a been trading in the 2.12 - 2.28 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, BEDU did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
BEDU Weekly and Daily overview Charts
BEDU Setup Rating and Analysis
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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BEDU Support and Resistance Analysis
1.49
When analyzing the support we can see 6 important areas.
- 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.
BEDU 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 BEDU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEDU is up. |
| ChartMill Relative Strength | 83.21 | POSITIVE | BEDU has a high relative strength, it outperformed 83.21% 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. |
BEDU Chart- and CandleStick Pattern Analysis
BEDU Technicals: Chart, Performance Metrics, Trend & Indicators
2.25
+0.01 (+0.45%)
BRIGHT SCHOLAR EDUCATION-ADR / BEDU TA FAQ
Can you provide the ChartMill technical rating for BRIGHT SCHOLAR EDUCATION-ADR?
ChartMill assigns a technical rating of 9 / 10 to BEDU.
Can you provide the trend direction for BRIGHT SCHOLAR EDUCATION-ADR?
The current trend direction for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) is Bullish.
Can you provide the RSI signal for BRIGHT SCHOLAR EDUCATION-ADR?
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.
What are the support and resistance levels for BRIGHT SCHOLAR EDUCATION-ADR (BEDU) stock?
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.