SCHOLASTIC CORP (SCHL) Stock Technical Analysis
NASDAQ:SCHL - Nasdaq - US8070661058 - Common Stock - Currency: USD
Taking everything into account, SCHL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SCHL is only an average performer.
The long and short term trends are both positive. This is looking good!
SCHL is part of the Media industry. There are 98 other stocks in this industry. SCHL outperforms 71% of them.
In the last month SCHL has a been trading in the 20.60 - 27.02 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, SCHL did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SCHL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCHL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SCHL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.25
26.97
3 important support areas can be observed.
- A support zone ranging from 20.85 to 21.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.97 from a horizontal line in the daily time frame.
- Support @18.43 from a trend line in the daily time frame.
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 | 76.12 | POSITIVE | SCHL has a high relative strength, it outperformed 76.12% 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) | DOWN | MIXED | The current price of SCHL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.96 | OVERBOUGHT | The high RSI value suggests SCHL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SCHL has a positive trend. |
| Stochastics (14,3) | 79.29 | NEUTRAL | The Stochastics value for SCHL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.44 | POSITIVE | The high ADX value value for SCHL suggests a strong trend. |
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)
26.7
+5.15 (+23.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg23.9%
1 Week25.23%
2 Weeks24.48%
1 Month25.59%
3 Month51.02%
6 Month30.63%
12 Month-15.45%
2 Year-38.18%
3 Year-43.28%
5 Year11.58%
10 Year-38.04%
15 Year5.41%
Volatility
ATR(14)1.04
ATR(20)%3.51%
ATR Inc421.6%
Range Today3.22
ADR(20)0.81
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.12
Mansfield0.56
10 Day High27.03
10 Day Low20.6
20 Day High27.03
20 Day Low20.6
52 Week High34.18
52 Week Low15.77
CS1 End21.03
CR1 StartN/A
Volume & EV
DER(3)1.24%
DER(5)0.51%
Volume1.16M
Volume Incr56.06%
Vol(5)415.66K
Vol(50)269.52K