We assign a technical rating of 4 out of 10 to COE. Although COE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
COE has an average technical rating and it also 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
17.66
5 important support areas can be observed.
- Support @33.10 from a horizontal line in the weekly time frame.
- Support @32.56 from a trend line in the daily time frame.
- Support @31.99 from a horizontal line in the daily time frame.
- Support @20.04 from a trend line in the weekly time frame.
- Support @17.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.43 to 34.46. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for COE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COE is down. |
| ChartMill Relative Strength | 88.62 | POSITIVE | COE has a high relative strength, it outperformed 88.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35 | NEUTRAL | The RSI value for COE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests COE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.81 | OVERSOLD | The low Stochastics value suggests COE may be oversold. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for COE suggests high volalility. |
| Average Directional Index/ADX (14) | 56.24 | POSITIVE | The high ADX value value for COE suggests a strong trend. |
33.42
-0.5 (-1.47%)
51 TALK ONLINE EDUCATION GRO / COE FAQ
What is the technical rating for COE stock?
ChartMill assigns a technical rating of 4 / 10 to COE.
What is the current trend direction of 51 TALK ONLINE EDUCATION GRO (COE) stock?
The current trend direction for 51 TALK ONLINE EDUCATION GRO (COE) is Bearish.
What is the RSI signal for 51 TALK ONLINE EDUCATION GRO (COE) stock?
51 TALK ONLINE EDUCATION GRO (COE) has an RSI value of 35.0047. This indicates that the stock is currently neutral.
What is the short term momentum for COE stock?
The short term momentum for 51 TALK ONLINE EDUCATION GRO (COE) is negative.
Can you provide the support and resistance levels for 51 TALK ONLINE EDUCATION GRO?
51 TALK ONLINE EDUCATION GRO (COE) has a support level at 33.1 and a resistance level at 33.43. Check the full technical report for our detailed analysis of COE support and resistance levels.