TAL EDUCATION GROUP- ADR (TAL) Stock Technical Analysis
NYSE:TAL - US8740801043 - ADR
10.8 USD
-0.07 (-0.64%)
10.8 USD
0 (0%)
Taking everything into account, TAL scores 8 out of 10 in our technical rating. TAL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TAL is one of the better performing stocks in the market, outperforming 82% of all stocks.
TAL is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry. TAL outperforms 72% of them.
TAL has an average volume of 5077320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TAL is lagging the market.
In the last month TAL has a been trading in the 9.92 - 11.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TAL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for TAL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.59
14.97
We found 4 important support areas.
- Support @10.45 from a trend line in the weekly time frame.
- Support @10.24 from a trend line in the daily time frame.
- Support @9.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.69 to 9.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.03 to 11.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.46 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.69 from a horizontal line in the daily time frame.
- Resistance @14.82 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 | NEUTRAL | NEUTRAL | The short term trend for TAL is neutral. |
| ChartMill Relative Strength | 82.79 | POSITIVE | TAL has a high relative strength, it outperformed 82.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TAL is below 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) | DOWN | NEGATIVE | The current price of TAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TAL has a negative trend. |
| Stochastics (14,3) | 15.61 | OVERSOLD | The low Stochastics value suggests TAL may be oversold. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for TAL 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)
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 |
|---|---|---|---|
| 11.15 | 10.76 | 0.39 (3.54%) | 25.00% |
| An entry @11.15. This is a Buy Stop order right above the resistance zone. | An exit @10.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 3.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of TAL. Please evaluate whether better entry and exit points can be found.
- 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.
10.8
-0.07 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.64%
1 Week-1.82%
2 Weeks-2.53%
1 Month5.37%
3 Month9.87%
6 Month-16.41%
12 Month34.33%
2 Year53.19%
3 Year86.85%
5 Year-85.37%
10 Year68.14%
15 Year149.33%
Volatility
ATR(14)0.35
ATR(20)%4%
ATR Inc-15.17%
Range Today0.31
ADR(20)0.4
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.79
Mansfield-0.81
10 Day High11.74
10 Day Low10.77
20 Day High11.74
20 Day Low9.92
52 Week High15.3
52 Week Low7.35
CS1 End10.45
CR1 Start11.03
Volume & EV
DER(3)2.35%
DER(5)3.22%
Volume2.90M
Volume Incr-26.25%
Vol(5)4.47M
Vol(50)5.08M