EDUCATIONAL DEVELOPMENT CORP (EDUC)

US2814791057 - Common Stock

2.0946  +0.11 (+5.79%)

After market: 2.88 +0.79 (+37.5%)

Technical Rating and Analysis

7

Taking everything into account, EDUC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month EDUC has a been trading in the 1.72 - 2.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EDUC is part of the Distributors industry. There are 13 other stocks in this industry. EDUC outperforms 91% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, EDUC did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
EDUC 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 EDUC is lagging the market slightly.
Weekly and Daily overview Charts
EDUC Weekly chart
EDUC Daily chart
Setup Rating and Analysis

4

Although EDUC has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

1.88

2.59

We found 2 important support areas.

  • A support zone ranging from 1.97 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A support zone ranging from 1.90 to 1.91. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • Resistance @2.56 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.99
Mansfield3.46
10 Day High2.81
10 Day Low1.81
20 Day High2.95
20 Day Low1.72
52 Week High2.95
52 Week Low0.8
Performance
1 Week-16.22%
2 Weeks-27.27%
1 Month2.18%
3 Month40.58%
6 Month124.02%
12 Month-0.73%
2 Year-68.02%
3 Year-88.22%
5 Year-76.73%
10 Year10.24%
15 Year-26.51%
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)-0.09
RSI(14)46.07
LBB1.89
UBB3.05
EDUC Daily chart

EDUCATIONAL DEVELOPMENT CORP

NASDAQ:EDUC (4/22/2024, 7:00:01 PM)

After market: 2.88 +0.79 (+37.5%)

2.0946

+0.11 (+5.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg5.79%
1 Week-16.22%
2 Weeks-27.27%
1 Month2.18%
3 Month40.58%
6 Month124.02%
12 Month-0.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%13.49%
ATR Inc
Range Today0.14
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 High2.81
10 Day Low1.81
20 Day High2.95
20 Day Low1.72
52 Week High2.95
52 Week Low0.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.20K
Volume Incr-36.11%
Vol(5)24.56K
Vol(50)35.97K