
RISE Education Cayman Ltd (REDU) Technical Analysis
NASDAQ:REDU • US76761L1026
Current stock price
REDU Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to REDU. REDU'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.
- 84% of all other stocks performed better in the past year than REDU.
- REDU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month REDU has a been trading in the 1.80 - 9.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- REDU is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, REDU did better than 50% of them.
REDU Weekly and Daily overview Charts
REDU Setup Rating and Analysis
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.
More info and screens
REDU Support and Resistance Analysis
REDU Technical Indicator Signal Analysis
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. |
REDU Chart- and CandleStick Pattern Analysis
REDU Technicals: Chart, Performance Metrics, Trend & Indicators
3.41
-3.74 (-52.31%)
RISE Education Cayman Ltd / REDU TA FAQ
Can you provide the ChartMill technical rating for RISE Education Cayman Ltd?
ChartMill assigns a technical rating of 2 / 10 to REDU.
What is the trend direction for REDU stock?
The current trend direction for RISE Education Cayman Ltd (REDU) is Bearish.
What is the RSI signal for RISE Education Cayman Ltd (REDU) stock?
RISE Education Cayman Ltd (REDU) has an RSI value of 32.3055. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RISE Education Cayman Ltd?
The short term momentum for RISE Education Cayman Ltd (REDU) is neutral.