SCHOLASTIC CORP (SCHL) Technical Analysis
NASDAQ:SCHL • US8070661058
Current stock price
33.92 USD
+0.12 (+0.36%)
At close:
33.92 USD
0 (0%)
After Hours:
SCHL Technical Rating and Analysis
Taking everything into account, SCHL scores 9 out of 10 in our technical rating. In the last year, SCHL was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SCHL did better than 90% of all other stocks. We also observe that the gains produced by SCHL over the past year are nicely spread over this period.
- SCHL is one of the better performing stocks in the Media industry, it outperforms 93% of 92 stocks in the same industry.
- SCHL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SCHL is leading the market.
- In the last month SCHL has a been trading in the 30.81 - 36.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SCHL Weekly and Daily overview Charts
SCHL Setup Rating and Analysis
Besides having an excellent technical rating, SCHL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.55. Right above this resistance zone may be a good entry point.
More info and screens
SCHL Support and Resistance Analysis
29.47
36.42
We found 4 important support areas.
- A support zone ranging from 33.16 to 33.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 30.97 to 31.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.77 to 30.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.55 to 36.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
SCHL 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 | UP | POSITIVE | The long term trend for SCHL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCHL is neutral. |
| ChartMill Relative Strength | 90.92 | POSITIVE | SCHL has a high relative strength, it outperformed 90.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SCHL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SCHL is below 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) | 49.31 | NEUTRAL | The RSI value for SCHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SCHL has a negative trend. |
| Stochastics (14,3) | 36.66 | NEUTRAL | The Stochastics value for SCHL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.95 | NEGATIVE | The low ADX value for SCHL suggests a weak or negative trend. |
SCHL 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)
SCHL Technicals: Chart, Performance Metrics, Trend & Indicators
33.92
+0.12 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.36%
1 Week-2.92%
2 Weeks-0.76%
1 Month-0.5%
3 Month25.63%
6 Month39.99%
12 Month59.85%
2 Year-10.05%
3 Year-0.88%
5 Year12.65%
10 Year-9.23%
15 Year25.44%
Volatility
ATR(14)1.33
ATR(20)%3.99%
ATR Inc35.43%
Range Today1.31
ADR(20)1.29
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.92
3 months CRS93.16
6 months CRS93.12
Mansfield2.57
10 Day High36.24
10 Day Low32.86
20 Day High36.24
20 Day Low30.81
52 Week High36.24
52 Week Low15.77
CS1 End33.17
CR1 Start35.55
Volume & EV
DER(3)-1.22%
DER(5)-1.19%
Volume213.10K
Volume Incr-19.58%
Vol(5)327.20K
Vol(50)407.97K
SCHOLASTIC CORP / SCHL TA FAQ
What is the ChartMill technical rating of SCHOLASTIC CORP (SCHL) stock?
ChartMill assigns a technical rating of 9 / 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 49.3063. 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 -0.11308, indicating a bearish trend.