Logo image of TEDU

TARENA INTERNATIONAL INC-ADR (TEDU) Stock Technical Analysis

USA - NASDAQ:TEDU - US8761082002 - ADR

1.13 USD
+0.13 (+13%)
Last: 1/9/2024, 8:00:01 PM
1.16 USD
+0.03 (+2.65%)
After Hours: 1/9/2024, 8:00:01 PM
Technical Rating and Analysis

1

Taking everything into account, TEDU scores 1 out of 10 in our technical rating. TEDU 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, TEDU is a bad performer in the overall market: 96% of all stocks are doing better.
TEDU is part of the Diversified Consumer Services industry. There are 78 other stocks in this industry, of which 77% are performing better than TEDU.
TEDU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: TEDU has an average volume of 12572 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TEDU has a been trading in the 0.75 - 1.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TARENA INTERNATIONAL INC-ADR / TEDU Weekly stock chart
TARENA INTERNATIONAL INC-ADR / TEDU Daily stock chart
Setup Rating and Analysis

3

The technical rating of TEDU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.97

1.14

When analyzing the support we notice one important area.

  • A support zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TEDU is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TEDU is down.
ChartMill Relative Strength4.02NEGATIVETEDU has a low relative strength, it was outperformed by 95.98% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TEDU is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TEDU is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TEDU is below a declining SMA(200).
Relative Strength Index/RSI (14)49.28NEUTRALThe RSI value for TEDU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests TEDU has a positive trend.
Stochastics (14,3)42.44NEUTRALThe Stochastics value for TEDU is a neutral value.
Average True Range in percent/ATR (20)9.15HIGH VOLATILITYThe high ATR as a percentage value for TEDU suggests high volalility.
Average Directional Index/ADX (14)34.32POSITIVEThe high ADX value value for TEDU suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
TARENA INTERNATIONAL INC-ADR / TEDU Daily stock chart

TARENA INTERNATIONAL INC-ADR

NASDAQ:TEDU (1/9/2024, 8:00:01 PM)

After market: 1.16 +0.03 (+2.65%)

1.13

+0.13 (+13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryDiversified Consumer Services
Performance
% Chg13%
1 Week10.78%
2 Weeks-3.25%
1 Month11.88%
3 Month-41.75%
6 Month-55.07%
12 Month-77.53%
2 Year-48.17%
3 Year-92.47%
5 Year-96.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%9.15%
ATR Inc-14.66%
Range Today0.16
ADR(20)0.1
ADR(20)%8.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.02
3 months CRSN/A
6 months CRSN/A
Mansfield-6.56
10 Day High1.27
10 Day Low0.97
20 Day High1.3
20 Day Low0.75
52 Week High6.2
52 Week Low0.75
CS1 End0.98
CR1 StartN/A
Volume & EV
DER(3)-15.11%
DER(5)-7.11%
Volume41.60K
Volume Incr-12.17%
Vol(5)16.06K
Vol(50)12.57K

TARENA INTERNATIONAL INC-ADR / TEDU FAQ

What is the ChartMill technical rating of TARENA INTERNATIONAL INC-ADR (TEDU) stock?

ChartMill assigns a technical rating of 1 / 10 to TEDU.


Can you provide the trend direction for TARENA INTERNATIONAL INC-ADR?

The current trend direction for TARENA INTERNATIONAL INC-ADR (TEDU) is Bearish.


What is the RSI signal for TEDU stock?

TARENA INTERNATIONAL INC-ADR (TEDU) has an RSI value of 49.2817. This indicates that the stock is currently neutral.


What is the MACD signal for TARENA INTERNATIONAL INC-ADR (TEDU) stock?

The MACD indicator for TARENA INTERNATIONAL INC-ADR (TEDU) has a value of 0.0189165, indicating a bearish trend.


What is the buy/sell signal for TEDU stock?

The buy/sell signal for TARENA INTERNATIONAL INC-ADR (TEDU) is sell as both the short term and long term trends are negative.