TAL stock: buy or sell
Updated on:
Mar 2nd, 2021
2
TAL stock brief
- TAL Education Group closed on Monday at $79.79 after skyrocketing a 2.90% breaking a streak of 5 sessions in red.
- The stock is configuring an uptrend pattern since last January, when it bottomed at $64.79. Up to date, shares marked a 23.15% gain since the beginning of this rally
- 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?
In the current situation of TAL Education Group there is just one buy setup eligible:
Uptrend buy setup
TAL Education Group stock is in an uptrend since last January that so far marked a gorgeous 23.00% gain. Price marked a pull back in this uptrend at $75.68 last Friday, and since then it bounced up a 5.43%. Breaking out over $90.96 - it's last top - will be a good entry point if TAL Education Group resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $81.86
| Buy setup | Buy point | Stop loss | Risk |
| Uptrend buy setup | $90.96 | $81.86 | 10.00% |
Should I sell TAL Education Group stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies let us to avoid rash decisions based on our personal moods or the noise that surrounds the market. When selling, as well as buying, our strategies are very simple to follow but are only valid for selling stocks in your porfolio, not for shorting TAL Education Group stock
As a golden rule, you should never keep a trading operation that shows a higher than expected losses by the time of purchase. The moment to sell shares always has to be ruled 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 own TAL Education Group stock and your operation is in profit probably is not time to sell now
TAL Education Group ratings
In the last 30 days we couldn't find any rating for TAL Education Group
TAL Education Group stock analysis
TAL Education Group stock started an uptrend last January, and grew an amazing 23.15%. During this uptrend, the price gave some buy points on the breakouts. Latest pullback was last Friday, when price bounced at $75.68. Like in all uptrends, price needs to take breath and now price is consolidating the gains in a range between $90.96 and $75.68
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Relative strength index
The RSI dropped below the overbought level of 70 on February 22 after just crossing to the overbough zone for a single day (weak signal). The RSI value on Monday was 48.82. Since that level was lost, TAL Education Group stock sank a 11.49%
TAL Education Group stock price history
TAL Education Group started trading priced at an adjusted price1 of $2.19 on Oct 2010. Since then, TAL stock surged by 3,543.38%, with an average of 354.34% per year. If you had invested thousand dollars in TAL Education Group stock on the IPO, it would be valued $36,433.79 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for TAL Education Group stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.
The following table shows the price forecasts released by analysts in the last month. If you are a small trader you don't have to buy or sell based on these projections.
We don't have any target price published in the previous 30 days for TAL Education Group.
Earnings and financials
Last January, TAL Education Group ($TAL) hosted the financial call and released the report. Analysts were successful in their expectations of TAL Education Group's that announced $0.07 per share. In addition, reported revenues were $1.1 billion compared to estimates of $1.0 billion.
Compared to the same quarter one year ago, EPS was $0.05, so reported EPS is a gain of 40.00%. Looking at revenues, figures skyrocketed a 29.78% compared to $8.6B year over year.TAL ($TAL) is posting quarterly earnings report late next April. Estimated for this quarter is $-0.12, compared to $0.07 that was reported for Q3.
TAL Education Group performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| TAL Education Group ($TAL) | 5.10% | 8.60% | 4.50% |
Disclaimer:
The comments contained in this post are personal and not recommendations for you to buy or sell stocks. The author of this article does not know the particular circumstances of the reader, his or her own 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 posted for informational motives onlyTAL summary
| Monday, March 1st, 2021 | |
|---|---|
| Open | $80.39 |
| Close | $79.79 |
| Day range | $79.48 - $81.6 |
| Previous close | $77.54 |
| Session gain | 2.90% |
| Average true range | $5.42 |
| 50d mov avg | $75.31 |
| 100d mov avg | $73.87 |
| 200d mov avg | $72.42 |
| Earnings date | April 27th, 2021 |