We assign a technical rating of 10 out of 10 to SCHL. Both in the recent history as in the last year, SCHL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SCHL has an excellent technical rating, it does not present a decent entry opportunity 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.
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27.31
When analyzing the support we notice one important area.
- A support zone ranging from 27.59 to 27.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SCHL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHL is up. |
| ChartMill Relative Strength | 92.01 | POSITIVE | SCHL has a high relative strength, it outperformed 92.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCHL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCHL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.73 | OVERBOUGHT | The high RSI value suggests SCHL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests SCHL has a positive trend. |
| Stochastics (14,3) | 95.29 | OVERBOUGHT | The high Stochastics value suggests SCHL may be overbought. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for SCHL suggests a possible start of a new trend. |
33.44
+0.87 (+2.67%)
SCHOLASTIC CORP / SCHL FAQ
What is the ChartMill technical rating of SCHOLASTIC CORP (SCHL) stock?
ChartMill assigns a technical rating of 10 / 10 to SCHL.
What is the trend direction for SCHL stock?
The current trend direction for SCHOLASTIC CORP (SCHL) is Bullish.
What is the RSI signal for SCHL stock?
SCHOLASTIC CORP (SCHL) has an RSI value of 71.727. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SCHOLASTIC CORP?
The MACD indicator for SCHOLASTIC CORP (SCHL) has a value of 0.436855, indicating a bearish trend.
What is the buy/sell signal for SCHL stock?
The buy/sell signal for SCHOLASTIC CORP (SCHL) is buy as both the short term and long term trends are positive.