TAL stock: buy or sell

TAL stock price: $6.07 3.41% At close on Jul 30th, 2021

Updated on:
Aug 1st, 2021

1

TAL stock brief

  • TAL Education Group stock exploded 3.41% to close at $6.07 on the stock market on Friday.
  • Last Thursday, TAL Education Group released its Q1 earnings report
  • Looking at the chart, price is drawing an scaled downtrend since last February with lower tops and lower bottoms. shares price lost a -93.33% since the downtrend started.
  • TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China.

Should I buy TAL Education Group stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $TAL stock a buy?

Currently, TAL Education Group stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $TAL in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell TAL Education Group stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies help us to avoid rash decisions based on our moods or the noise surrounding the market. Our trading system selects very simple setups to guide us on when is the best time to sell a stock. Be aware that these setups are not intended for shorting TAL Education Group stock

As a golden rule, you should never mantain a trade that shows a losses greater than those expected by the time of purchase. The moment to sell shares should always be dictated by the stop-loss (automatic or manual)

Is it time to sell TAL Education Group stock?

Currently, TAL Education Group stock doesn't match any of our preferred sell setups, so if you hold TAL Education Group shares and your operation is in profit probably is not time to sell now

TAL Education Group ratings

In the previous month we couldn't find any rating for TAL Education Group

TAL Education Group stock analysis

TAL Education Group accumulates a price drop of -93.33% since its latest high last February at $90.96. Like in all downtrends, the stock oscillates drawing lower highs and lows. In this case, we have seen 2 consecutive lower tops.

SMAs overview

TAL stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $7.92 (30.48% above)
  • R2: $8.64 (42.34% above)
  • R3: $8.72 (43.66% above)
  • The current supports are:

  • S1: $5.88 (-3.13% below)
  • S2: $4.03 (-33.61% below)
  • S3: $1.66 (-72.65% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price has bounced off by 2.88%

    TAL stock Bollinger Bands chart

    Relative strength index

    Sliced down the 30 level Friday, with a value of 25.71. Breaking down below the level of 30 is not a buy sign, as stocks can descend during several weeks being below the level of 30

    TAL stock RSI chart

    TAL Education Group stock price history

    TAL Education Group went public on Oct 20th, 2010 at $2.19 per share1. Since then, TAL stock surged by 177.17%, with an average of 17.72% per year. An investment of $1,000USD at that time would worth $2,771.69 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    TAL stock price history chart

    Price target for TAL Education Group stock

    Nobody can predict how much a share will be priced in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.

    The following table shows the price target released by brokerage institutions over the last 30 days. Again, these forecasts are not direct recommendations for individual traders and must not be followed blindly.

    In the previous 30 days we couldn't find any price target published for TAL Education Group stock.

    Earnings and financials

    Financial event was hosted by TAL Education Group ($TAL) last Thursday after posting the earnings report.

    Same quarter last year, reported EPS was $0.18, so recently reported EPS is -100.00%. Looking at sales, figures exploded a 76.62% compared to $7.7B same quarter 12 months ago.

    TAL ($TAL) is hosting the Q2 earnings call next October.

    TAL Education Group performance

    TAL performance compared
    Company1m3m6m
    TAL Education Group ($TAL) -75.80% -89.30% -92.10%

    Important:
    The thoughts written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the particular circumstances of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for general educational reasons only

    TAL summary

    Friday, July 30th, 2021
    Open$5.87
    Close$6.07
    Day range$5.73 - $6.46
    Previous close$5.87
    Session gain3.41%
    Average true range$4.43
    50d mov avg$25.20
    100d mov avg$42.07
    200d mov avg$57.97
    Earnings dateOctober 20th, 2021

    Frequently asked questions

    What is TAL Education Group stock symbol?

    TAL Education Group is a public company trading in the US stock market with the TAL symbol

    Is TAL Education Group stock a buy or sell?

    TAL Education Group had no ratings in the last four weeks Read the article to get additional tips on trading TAL stock.

    Will TAL go up?

    There were no price targets issued by analysts in the last 30 days for TAL Education Group.