GAOTU TECHEDU INC (GOTU) Stock Technical Analysis
USA - NYSE:GOTU - US36257Y1091 - ADR
Taking everything into account, GOTU scores 0 out of 10 in our technical rating. 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 technical rating of GOTU is bad and it also does not present a 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
2.83
5 important resistance areas can be observed.
- A resistance zone ranging from 3.07 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.24 to 3.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.67 from a trend line in the weekly time frame.
- Resistance @3.92 from a horizontal line in the weekly time frame.
- Resistance @3.99 from a horizontal line in the daily 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 | 16.15 | NEGATIVE | GOTU has a low relative strength, it was outperformed by 83.85% 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) | UP | MIXED | The current price of GOTU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.99 | NEUTRAL | The RSI value for GOTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GOTU has a negative trend. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests GOTU may be oversold. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GOTU suggests some volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for GOTU suggests a strong trend. |
2.86
-0.07 (-2.39%)
GAOTU TECHEDU INC / GOTU FAQ
What is the ChartMill technical rating of GAOTU TECHEDU INC (GOTU) stock?
ChartMill assigns a technical rating of 0 / 10 to GOTU.
Can you provide the trend direction for GAOTU TECHEDU INC?
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 32.9905. This indicates that the stock is currently neutral.
What is the buy/sell signal for GOTU stock?
The buy/sell signal for GAOTU TECHEDU INC (GOTU) is sell as both the short term and long term trends are negative.
What is the support and resistance level for GOTU stock?
GAOTU TECHEDU INC (GOTU) has a resistance level at 3.07. Check the full technical report for our detailed analysis of GOTU support and resistance levels.