TAL EDUCATION GROUP- ADR (TAL) Stock Technical Analysis
NYSE:TAL - New York Stock Exchange, Inc. - US8740801043 - ADR - Currency: USD
Overall TAL gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TAL was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than TAL.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TAL has a been trading in the 9.62 - 11.21 range, which is quite wide. It is currently trading near the high of this range.
TAL has an average volume of 9292300 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 72 other stocks in this industry, TAL did better than 40% of them.
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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.50, a Stop Loss order could be placed below this zone.
More info and screens
8.87
14.97
We found 4 important support areas.
- A support zone ranging from 10.21 to 10.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.82 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.19 from a trend line in the weekly time frame.
- Support @8.96 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.98 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for TAL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TAL is up. |
| ChartMill Relative Strength | 20.58 | NEGATIVE | TAL has a low relative strength, it was outperformed by 79.42% 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) | 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) | 56.43 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TAL has a positive trend. |
| Stochastics (14,3) | 72.33 | NEUTRAL | The Stochastics value for TAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.49 | 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)
10.83
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0%
1 Week5.04%
2 Weeks6.49%
1 Month5.66%
3 Month-18.57%
6 Month6.7%
12 Month-0.73%
2 Year81.71%
3 Year122.38%
5 Year-84.16%
10 Year55.72%
15 Year256.45%
Volatility
ATR(14)0.44
ATR(20)%4.33%
ATR Inc-32.53%
Range Today0.39
ADR(20)0.43
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.58
Mansfield-0.26
10 Day High10.98
10 Day Low9.62
20 Day High11.21
20 Day Low9.62
52 Week High15.3
52 Week Low7.35
CS1 End10.5
CR1 Start10.98
Volume & EV
DER(3)2.1%
DER(5)0.05%
Volume4.04M
Volume Incr-24.27%
Vol(5)6.31M
Vol(50)9.29M