TAL EDUCATION GROUP- ADR (TAL) Technical Analysis
NYSE:TAL • US8740801043
Taking everything into account, TAL scores 0 out of 10 in our technical rating. TAL 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TAL is a bad performer in the overall market: 81% of all stocks are doing better.
- In the last month TAL has a been trading in the 10.15 - 12.56 range, which is quite wide. It is currently trading near the lows of this range.
- TAL has an average volume of 3978120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TAL is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, TAL did better than 55% of them.
- TAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAL is lagging the market slightly.
Although the technical rating is bad, TAL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.52, a Stop Loss order could be placed below this zone.
More info and screens
9.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.42 to 10.52. 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 3 important areas.
- A resistance zone ranging from 11.00 to 11.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.52 to 12.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @12.91 from a horizontal line in the daily 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 TAL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TAL is down. |
| ChartMill Relative Strength | 19.51 | NEGATIVE | TAL has a low relative strength, it was outperformed by 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAL is below a declining 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) | 43.07 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.02 | NEUTRAL | The Stochastics value for TAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for TAL suggests a weak or negative trend. |
TAL Technicals: Chart, Performance Metrics, Trend & Indicators
10.64
+0.21 (+2.01%)
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 0 / 10 to TAL.
Can you provide the trend direction for TAL EDUCATION GROUP- ADR?
The current trend direction for TAL EDUCATION GROUP- ADR (TAL) is Bearish.
What is the RSI signal for TAL EDUCATION GROUP- ADR (TAL) stock?
TAL EDUCATION GROUP- ADR (TAL) has an RSI value of 43.0745. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAL EDUCATION GROUP- ADR?
The MACD indicator for TAL EDUCATION GROUP- ADR (TAL) has a value of -0.0547944, indicating a bearish trend.
What is the buy/sell signal for TAL stock?
The buy/sell signal for TAL EDUCATION GROUP- ADR (TAL) is sell as both the short term and long term trends are negative.