HAILIANG EDUCATION GROUP-ADR (HLG)

US40522L1089 - ADR

14.3  +0.03 (+0.21%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to HLG. Recently some decent action could be observed, but in the medium term time frame this is still negative. HLG was also a bad performer in the overall market in the last year.

70% of all other stocks performed better in the past year than HLG.
HLG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HLG is lagging the market.
Warning: HLG has an average volume of 2652 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month HLG has a been trading in the 13.50 - 14.75 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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HLG is an average performer in the Diversified Consumer Services industry, it outperforms 54% of 65 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HLG Weekly chart
HLG Daily chart
Setup Rating and Analysis

6

HLG has an average technical rating and the quality of the presented setup is also 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

12.32

14.45

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 13.61 to 14.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.27 from a trend line in the daily time frame.
  • A support zone ranging from 12.90 to 13.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @12.44 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @14.31 from a horizontal 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
CRS30.87
Mansfield-0.43
10 Day High14.75
10 Day Low14.01
20 Day High14.75
20 Day Low13.5
52 Week High35.64
52 Week Low9.28
Performance
1 Week1.35%
2 Weeks0.7%
1 Month5.93%
3 Month10.85%
6 Month9.08%
12 Month-57.06%
2 YearN/A
3 YearN/A
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
RSI(14)61.17
LBB13.94
UBB14.35
HLG Daily chart

HAILIANG EDUCATION GROUP-ADR

NASDAQ:HLG (9/15/2022, 8:26:56 PM)

14.3

+0.03 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.21%
1 Week1.35%
2 Weeks0.7%
1 Month5.93%
3 Month10.85%
6 Month9.08%
12 Month-57.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%1.34%
ATR Inc
Range Today0.04
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 High14.75
10 Day Low14.01
20 Day High14.75
20 Day Low13.5
52 Week High35.64
52 Week Low9.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.60K
Volume Incr341.88%
Vol(5)8.44K
Vol(50)2.65K