Overall SCHL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCHL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SCHL is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SCHL also shows a nice and consistent pattern of rising prices.
- SCHL is part of the Media industry. There are 92 other stocks in this industry. SCHL outperforms 89% of them.
- SCHL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SCHL has a been trading in the 28.98 - 35.37 range, which is quite wide. It is currently trading near the high of this range.
SCHL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
27.31
We found 3 important support areas.
- A support zone ranging from 32.88 to 33.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.71 to 28.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.33 to 35.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 91.79 | POSITIVE | SCHL has a high relative strength, it outperformed 91.79% 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) | 61.02 | NEUTRAL | The RSI value for SCHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.44 | NEUTRAL | The Stochastics value for SCHL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.74 | POSITIVE | The high ADX value value for SCHL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.19 | 33.01 | 2.18 (6.19%) | 16.14% |
| An entry @35.19. This is a Buy Stop order right above the resistance zone. | An exit @33.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.18 points, which is 6.19%. | When investing 16.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
34.05
-0.5 (-1.45%)
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 61.0169. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCHOLASTIC CORP?
The MACD indicator for SCHOLASTIC CORP (SCHL) has a value of 0.0103289, 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.