TAL EDUCATION GROUP- ADR (TAL) Stock Technical Analysis
USA - NYSE:TAL - US8740801043 - ADR
Overall TAL gets a technical rating of 9 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, TAL is showing a nice and steady performance.
Although TAL has an excellent technical rating, it does not offer a high quality setup 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
9.73
When analyzing the support we can see 3 important areas.
- Support @12.02 from a horizontal line in the daily time frame.
- A support zone ranging from 10.00 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @14.51 from a horizontal 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 | UP | POSITIVE | The long term trend for TAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TAL is up. |
| ChartMill Relative Strength | 79.03 | POSITIVE | TAL has a high relative strength, it outperformed 79.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.19 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests TAL has a positive trend. |
| Stochastics (14,3) | 75.38 | NEUTRAL | The Stochastics value for TAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for TAL suggests a strong trend. |
12.91
+0.88 (+7.32%)
TAL EDUCATION GROUP- ADR / TAL FAQ
What is the ChartMill technical rating of TAL EDUCATION GROUP- ADR (TAL) stock?
ChartMill assigns a technical rating of 9 / 10 to TAL.
What is the trend direction for TAL stock?
The current trend direction for TAL EDUCATION GROUP- ADR (TAL) is Bullish.
What is the RSI signal for TAL EDUCATION GROUP- ADR (TAL) stock?
TAL EDUCATION GROUP- ADR (TAL) has an RSI value of 66.1948. This indicates that the stock is currently neutral.
What is the buy/sell signal for TAL EDUCATION GROUP- ADR (TAL) stock?
The buy/sell signal for TAL EDUCATION GROUP- ADR (TAL) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TAL EDUCATION GROUP- ADR (TAL) stock?
TAL EDUCATION GROUP- ADR (TAL) has a support level at 12.02 and a resistance level at 14.51. Check the full technical report for our detailed analysis of TAL support and resistance levels.