NASDAQ:REDU - Nasdaq - US76761L1026 - ADR
Taking everything into account, REDU scores 2 out of 10 in our technical rating. REDU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of REDU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
3.38
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 | NEUTRAL | NEUTRAL | The long term trend for REDU is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REDU is neutral. |
ChartMill Relative Strength | 16.68 | NEGATIVE | REDU has a low relative strength, it was outperformed by 83.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REDU is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REDU is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REDU is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 32.31 | NEUTRAL | The RSI value for REDU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests REDU has a negative trend. |
Stochastics (14,3) | 45.87 | NEUTRAL | The Stochastics value for REDU is a neutral value. |
Average True Range in percent/ATR (20) | 27.28 | HIGH VOLATILITY | The high ATR as a percentage value for REDU suggests high volalility. |
3.41
-3.74 (-52.31%)