SCHOLASTIC CORP (SCHL) Stock Technical Analysis
NASDAQ:SCHL - Nasdaq - US8070661058 - Common Stock - Currency: USD
Taking everything into account, SCHL scores 4 out of 10 in our technical rating. In the past year, SCHL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than SCHL.
SCHL is one of the lesser performing stocks in the Media industry. 71% of 97 stocks in the same industry do better.
SCHL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SCHL is lagging the market.
SCHL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SCHL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
16.85
28.35
We found 2 important support areas.
- Support @17.44 from a trend line in the daily time frame.
- Support @17.02 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.77 to 19.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.07 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SCHL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCHL is up. |
| ChartMill Relative Strength | 9.8 | NEGATIVE | SCHL has a low relative strength, it was outperformed by 90.2% 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 | NEGATIVE | The current price of SCHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.36 | NEUTRAL | The RSI value for SCHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SCHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.12 | NEUTRAL | The Stochastics value for SCHL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for SCHL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for SCHL suggests a weak or negative 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)
18.76
-0.34 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.78%
1 Week-1.68%
2 Weeks6.17%
1 Month4.57%
3 Month-11.59%
6 Month-5.3%
12 Month-46.72%
2 Year-51.76%
3 Year-47.85%
5 Year-37.34%
10 Year-57.49%
15 Year-22.22%
Volatility
ATR(14)0.65
ATR(20)%3.5%
ATR Inc-32.95%
Range Today0.39
ADR(20)0.64
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.8
Mansfield-2.54
10 Day High19.62
10 Day Low17.48
20 Day High19.62
20 Day Low16.78
52 Week High38.77
52 Week Low15.77
CS1 End17.44
CR1 Start18.77
Volume & EV
DER(3)2.17%
DER(5)1.76%
Volume262.80K
Volume Incr-22.05%
Vol(5)196.42K
Vol(50)297.11K