TAL EDUCATION GROUP- ADR (TAL) Technical Analysis
NYSE:TAL • US8740801043
Current stock price
TAL Technical Rating and Analysis
Overall TAL gets a technical rating of 4 out of 10. In the last year, TAL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- TAL is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry. TAL outperforms 71% of them.
- In the last month TAL has a been trading in the 10.79 - 11.81 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TAL has an average volume of 3597970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, TAL outperforms 53% of them, which is more or less in line with the market.
- 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.
TAL Weekly and Daily overview Charts
TAL Setup Rating and Analysis
Although the technical rating is only medium, TAL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TAL Support and Resistance Analysis
9.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.06 to 11.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.42 to 10.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.38 to 11.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.30 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.60 to 12.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
TAL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TAL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAL is neutral. |
| ChartMill Relative Strength | 53.92 | NEUTRAL | TAL is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of TAL is above a declining 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) | 52.35 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TAL has a positive trend. |
| Stochastics (14,3) | 33.01 | NEUTRAL | The Stochastics value for TAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 8.05 | NEGATIVE | The low ADX value for TAL suggests a weak or negative trend. |
TAL Chart- and CandleStick Pattern Analysis
TAL Technicals: Chart, Performance Metrics, Trend & Indicators
11.28
+0.28 (+2.55%)
TAL EDUCATION GROUP- ADR / TAL TA FAQ
What is the ChartMill technical rating of TAL EDUCATION GROUP- ADR (TAL) stock?
ChartMill assigns a technical rating of 4 / 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.
Can you provide the RSI signal for TAL EDUCATION GROUP- ADR?
TAL EDUCATION GROUP- ADR (TAL) has an RSI value of 52.3473. This indicates that the stock is currently neutral.
What is the short term momentum for TAL EDUCATION GROUP- ADR (TAL) stock?
The short term momentum for TAL EDUCATION GROUP- ADR (TAL) is neutral.
What is the support and resistance level for TAL stock?
TAL EDUCATION GROUP- ADR (TAL) has a support level at 11.23 and a resistance level at 11.38. Check the full technical report for our detailed analysis of TAL support and resistance levels.