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 2 out of 10. TAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 9.62 - 11.21 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 9338770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TAL is part of the Diversified Consumer Services industry. There are 70 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 trading in the upper part of its 52 week range, so TAL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TAL has a bad technical rating, but it does show 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.
More info and screens
8.82
14.97
We found 4 important support areas.
- Support @10.38 from a trend line in the daily time frame.
- Support @9.82 from a horizontal line in the daily time frame.
- Support @9.19 from a trend line in the weekly time frame.
- A support zone ranging from 8.91 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.56 to 10.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TAL is neutral. |
| ChartMill Relative Strength | 19.82 | NEGATIVE | TAL has a low relative strength, it was outperformed by 80.18% 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) | DOWN | MIXED | The current price of TAL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TAL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.76 | NEUTRAL | The RSI value for TAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.29 | NEUTRAL | The Stochastics value for TAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for TAL suggests some volalility. |
| Average Directional Index/ADX (14) | 9.85 | 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)
10.45
-0.27 (-2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.52%
1 Week-1.6%
2 Weeks6.31%
1 Month2.85%
3 Month-21.43%
6 Month2.96%
12 Month-4.22%
2 Year75.34%
3 Year114.58%
5 Year-84.72%
10 Year50.25%
15 Year243.94%
Volatility
ATR(14)0.42
ATR(20)%4.37%
ATR Inc-33.42%
Range Today0.21
ADR(20)0.41
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.82
Mansfield-0.5
10 Day High11.01
10 Day Low9.8
20 Day High11.21
20 Day Low9.62
52 Week High15.3
52 Week Low7.35
CS1 End10.38
CR1 Start10.56
Volume & EV
DER(3)-1.28%
DER(5)-0.95%
Volume4.65M
Volume Incr-28.02%
Vol(5)6.01M
Vol(50)9.34M