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RISE Education Cayman Ltd (REDU) Stock Technical Analysis

NASDAQ:REDU - Nasdaq - US76761L1026 - ADR

3.41  -3.74 (-52.31%)

After market: 3.02 -0.39 (-11.44%)

Technical Rating and Analysis

2

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.

When comparing the yearly performance of all stocks, REDU is a bad performer in the overall market: 84% of all stocks are doing better.
REDU is one of the lesser performing stocks in the Diversified Consumer Services industry. 61% of 72 stocks in the same industry do better.
REDU is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so REDU is lagging the market.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
RISE Education Cayman Ltd / REDU Weekly stock chart
RISE Education Cayman Ltd / REDU Daily stock chart
Setup Rating and Analysis

1

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for REDU is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for REDU is neutral.
ChartMill Relative Strength16.68NEGATIVEREDU has a low relative strength, it was outperformed by 83.32% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of REDU is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of REDU is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of REDU is below a declining SMA(200).
Relative Strength Index/RSI (14)32.31NEUTRALThe RSI value for REDU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.16NEGATIVEThe MACD value suggests REDU has a negative trend.
Stochastics (14,3)45.87NEUTRALThe Stochastics value for REDU is a neutral value.
Average True Range in percent/ATR (20)27.28HIGH VOLATILITYThe high ATR as a percentage value for REDU suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
RISE Education Cayman Ltd / REDU Daily stock chart

RISE Education Cayman Ltd

NASDAQ:REDU (6/10/2022, 8:00:01 PM)

After market: 3.02 -0.39 (-11.44%)

3.41

-3.74 (-52.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-52.31%
1 Week-58.41%
2 Weeks-41.21%
1 Month-35.66%
3 Month-13.28%
6 Month17.08%
12 Month-79.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%27.28%
ATR Inc346.2%
Range Today2.69
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.68
Mansfield-2.33
10 Day High9.35
10 Day Low1.8
20 Day High9.35
20 Day Low1.8
52 Week High17.5
52 Week Low1.8
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)8.38%
DER(5)7.84%
Volume3.65M
Volume Incr204.95%
Vol(5)963.98K
Vol(50)526.66K