TAL EDUCATION GROUP- ADR (TAL)

US8740801043 - ADR

11.5  +0.48 (+4.36%)

After market: 11.5 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, TAL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TAL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
TAL is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 70% of 66 stocks in the same industry.
In the last month TAL has a been trading in the 9.77 - 11.80 range, which is quite wide. It is currently trading near the high of this range.
TAL has an average volume of 8381090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TAL did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
Weekly and Daily overview Charts
TAL Weekly chart
TAL Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, TAL also presents 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 11.51. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

7.58

11.78

When analyzing the support we can see 2 important areas.

  • Support @10.04 from a horizontal line in the daily time frame.
  • Support @7.66 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 11.51 to 11.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.13
Mansfield-0.67
10 Day High11.68
10 Day Low10.13
20 Day High11.8
20 Day Low9.77
52 Week High15.52
52 Week Low7.35
Performance
1 Week4.55%
2 Weeks4.17%
1 Month1.23%
3 Month26.93%
6 Month-14.31%
12 Month22.34%
2 Year92.63%
3 Year122.01%
5 Year-74.02%
10 Year56.11%
15 Year522.18%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)59.79
LBB9.91
UBB11.67
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.6710.121.55 (13.28%)7.53%
An entry @11.67. This is a Buy Stop order right above the resistance zone.An exit @10.12. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.55 points, which is 13.28%.When investing 7.53% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TAL Daily chart

TAL EDUCATION GROUP- ADR

NYSE:TAL (11/4/2024, 8:04:00 PM)

After market: 11.5 0 (0%)

11.5

+0.48 (+4.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg4.36%
1 Week4.55%
2 Weeks4.17%
1 Month1.23%
3 Month26.93%
6 Month-14.31%
12 Month22.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%5.44%
ATR Inc
Range Today0.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.68
10 Day Low10.13
20 Day High11.8
20 Day Low9.77
52 Week High15.52
52 Week Low7.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.54M
Volume Incr-49.55%
Vol(5)4.77M
Vol(50)8.38M