EDUCATIONAL DEVELOPMENT CORP (EDUC) Stock Technical Analysis
NASDAQ:EDUC - Nasdaq - US2814791057 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EDUC. EDUC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
92% of all other stocks performed better in the past year than EDUC.
EDUC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: EDUC has an average volume of 8732 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EDUC has a been trading in the 1.22 - 1.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EDUC is an average performer in the Distributors industry, it outperforms 55% of 19 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
EDUC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.32, a Stop Loss order could be placed below this zone.
More info and screens
1.16
2.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.31 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.28 from a horizontal line in the daily time frame.
- Support @1.25 from a trend line in the weekly time frame.
- Support @1.17 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.38 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.98 from a trend line in the weekly time frame.
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 EDUC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDUC is neutral. |
| ChartMill Relative Strength | 8.87 | NEGATIVE | EDUC has a low relative strength, it was outperformed by 91.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EDUC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EDUC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDUC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.41 | NEUTRAL | The RSI value for EDUC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EDUC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for EDUC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for EDUC suggests high volalility. |
| Average Directional Index/ADX (14) | 32.31 | POSITIVE | The high ADX value value for EDUC suggests a strong trend. |
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)
1.325
+0.03 (+2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg2.71%
1 Week-1.12%
2 Weeks-0.75%
1 Month0%
3 Month-0.65%
6 Month-20.08%
12 Month-42.86%
2 Year-25.84%
3 Year-61%
5 Year-90.1%
10 Year-46.12%
15 Year-51.2%
Volatility
ATR(14)0.08
ATR(20)%5.59%
ATR Inc-19.9%
Range Today0.05
ADR(20)0.07
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.87
Mansfield-2.72
10 Day High1.4
10 Day Low1.22
20 Day High1.46
20 Day Low1.22
52 Week High2.49
52 Week Low0.92
CS1 End1.32
CR1 Start1.38
Volume & EV
DER(3)-5.08%
DER(5)-13.44%
Volume4.94K
Volume Incr-12.52%
Vol(5)5.67K
Vol(50)8.73K