SCHOLASTIC CORP (SCHL)

US8070661058 - Common Stock

36.54  +0.93 (+2.61%)

After market: 36.54 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, SCHL scores 0 out of 10 in our technical rating. SCHL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SCHL is a bad performer in the overall market: 74% of all stocks are doing 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 an average performer in the Media industry, it outperforms 58% of 96 stocks in the same industry.
In the last month SCHL has a been trading in the 34.63 - 38.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SCHL Weekly chart
SCHL Daily chart
Setup Rating and Analysis

4

SCHL has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

33.46

47.16

2 important support areas can be observed.

  • A support zone ranging from 34.72 to 35.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @33.80 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 36.55 to 38.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 39.86 to 40.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 41.49 to 41.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @45.03 from a trend line in the weekly time frame.
  • Resistance @46.69 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.53
Mansfield-1.59
10 Day High36.88
10 Day Low34.63
20 Day High38.77
20 Day Low34.63
52 Week High45.98
52 Week Low32.5
Performance
1 Week3.92%
2 Weeks-1%
1 Month-3.72%
3 Month-8.21%
6 Month-1.83%
12 Month-5.02%
2 Year-0.84%
3 Year20.47%
5 Year-8.38%
10 Year11.03%
15 Year85.2%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)50.59
LBB34.54
UBB37.1
SCHL Daily chart

SCHOLASTIC CORP

NASDAQ:SCHL (4/23/2024, 3:15:00 PM)

After market: 36.54 0 (0%)

36.54

+0.93 (+2.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.61%
1 Week3.92%
2 Weeks-1%
1 Month-3.72%
3 Month-8.21%
6 Month-1.83%
12 Month-5.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.78
ATR(20)%2.16%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.88
10 Day Low34.63
20 Day High38.77
20 Day Low34.63
52 Week High45.98
52 Week Low32.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume174.84K
Volume Incr-21.06%
Vol(5)150.21K
Vol(50)272.31K