GAOTU TECHEDU INC (GOTU) Stock Technical Analysis
NYSE:GOTU - New York Stock Exchange, Inc. - US36257Y1091 - ADR - Currency: USD
We assign a technical rating of 7 out of 10 to GOTU. In the last year, GOTU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
GOTU is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GOTU has a been trading in the 2.46 - 3.39 range, which is quite wide. It is currently trading near the high of this range.
GOTU has an average volume of 2583780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, GOTU turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
GOTU is an average performer in the Diversified Consumer Services industry, it outperforms 58% of 73 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GOTU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.71
3.91
When analyzing the support we notice one important area.
- Support @2.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.33 to 3.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.61 from a trend line in the weekly time frame.
- Resistance @3.69 from a horizontal line in the weekly time frame.
- Resistance @3.87 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.27
Mansfield-0.91
10 Day High3.39
10 Day Low2.62
20 Day High3.39
20 Day Low2.46
52 Week High8.44
52 Week Low1.87
Performance
1 Week11.37%
2 Weeks23.79%
1 Month11.37%
3 Month52.05%
6 Month8.12%
12 Month-52.29%
2 Year41.1%
3 Year156.15%
5 YearN/A
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)0.08
RSI(14)65.69
LBB2.48
UBB3.35
3.33
+0.08 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg2.46%
1 Week11.37%
2 Weeks23.79%
1 Month11.37%
3 Month52.05%
6 Month8.12%
12 Month-52.29%
2 Year41.1%
3 Year156.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.84%
ATR Inc11.55%
Range Today0.13
ADR(20)0.15
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.27
Mansfield-0.91
10 Day High3.39
10 Day Low2.62
20 Day High3.39
20 Day Low2.46
52 Week High8.44
52 Week Low1.87
CS1 End2.74
CR1 Start3.33
Volume & EV
DER(3)7.93%
DER(5)3.65%
Volume873.90K
Volume Incr-60.01%
Vol(5)652.24K
Vol(50)2.58M