GAOTU TECHEDU INC (GOTU) Stock Technical Analysis
NYSE:GOTU • US36257Y1091
We assign a technical rating of 0 out of 10 to GOTU. GOTU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GOTU is a bad performer in the overall market: 85% of all stocks are doing better.
- GOTU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- GOTU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GOTU is an average performer in the Diversified Consumer Services industry, it outperforms 51% of 75 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
GOTU 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 2.24. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GOTU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.04
2 important support areas can be observed.
- Support @2.11 from a horizontal line in the weekly time frame.
- Support @2.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.24 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.36 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.65 from a horizontal line in the daily time frame.
- Resistance @3.25 from a trend line in the weekly time frame.
- Resistance @3.92 from a horizontal 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 GOTU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOTU is down. |
| ChartMill Relative Strength | 15.91 | NEGATIVE | GOTU has a low relative strength, it was outperformed by 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOTU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOTU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOTU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.44 | NEUTRAL | The RSI value for GOTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GOTU has a positive trend. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for GOTU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GOTU suggests some volalility. |
| Average Directional Index/ADX (14) | 39.75 | POSITIVE | The high ADX value value for GOTU suggests a strong trend. |
2.12
-0.01 (-0.47%)
GAOTU TECHEDU INC / GOTU FAQ
What is the technical rating for GOTU stock?
ChartMill assigns a technical rating of 0 / 10 to GOTU.
What is the current trend direction of GAOTU TECHEDU INC (GOTU) stock?
The current trend direction for GAOTU TECHEDU INC (GOTU) is Bearish.
Can you provide the RSI signal for GAOTU TECHEDU INC?
GAOTU TECHEDU INC (GOTU) has an RSI value of 38.4354. This indicates that the stock is currently neutral.
What is the short term momentum for GOTU stock?
The short term momentum for GAOTU TECHEDU INC (GOTU) is negative.
Can you provide the support and resistance levels for GAOTU TECHEDU INC?
GAOTU TECHEDU INC (GOTU) has a support level at 2.11 and a resistance level at 2.24. Check the full technical report for our detailed analysis of GOTU support and resistance levels.