TAL stock: buy or sell
Updated on:
May 17th, 2021
1
TAL stock brief
- TAL Education Group stock skyrocketed 5.38% to close at $48.74 on the stock market last Friday, and broke a streak of 4 sessions in negative.
- From the chart point view, price is drawing an scaled downtrend since last February with lower tops and lower bottoms. shares price lost a -46.42% since the downtrend started.
- The price is currently under the lower Bollinger band, which is usually an indicator of a near-term bounce that you should not try to trade
- 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 not any eligible buy setup. This doesn't mean we expect a selloff for $TAL in the next few days, or that it may not climb 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 more difficult than knowing when to buy it. Trading strategies give us the ability us to avoid impetuous decisions based on our personal moods or the noise surrounding the market. When selling, as well as buying, detailed setups are very easy to follow but are only valid for selling shares you already own, not for selling short $TAL stock
As a golden rule, you must never keep an open trade that yields greater losses than those expected upon the buy. The timing to sell shares must always be determined 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 shares and your operation is in profit probably is not time to sell now
TAL Education Group ratings
In the last 30 days, 8 brokerage ratings were published for TAL Education Group. General sentiment is bullish, with 7 out of 8 posting optimistic outlooks
| Brokerage firm | Rating |
|---|---|
| Apr 20th, 2021 | |
| Nomura | |
| Apr 23rd, 2021 | |
| Benchmark | |
| Credit Suisse Group | Neutral → Buy |
| Morgan Stanley | Buy → Buy |
| Apr 26th, 2021 | |
| Nomura | |
| Apr 27th, 2021 | |
| The Goldman Sachs Group | Neutral → |
| Apr 29th, 2021 | |
| Morgan Stanley | Buy |
| May 3rd, 2021 | |
| The Goldman Sachs Group | Neutral → |
TAL Education Group stock analysis
TAL Education Group accumulates a selloff of -46.42% since its latest top last February at $90.96. Like in all downtrends, the stock oscillates drawing lower tops and bottoms. In this case, we have seen 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
Price readings above or below the Bollinger Bands signal that the price has has trended strongly to extreme highs or lows. At this point, the price is beneath the upper band, meaning a possible short-term bounce off (at least) until it is back above the band
Relative strength index
After breaking below the line of 30 yesterday, bounced off above with a value of 32.17. This is a strength signal for the stock
TAL Education Group stock price history
TAL Education Group started trading on Oct 20th, 2010 priced at $2.19 per share1. Since then, TAL stock surged by 2,125.57%, with an average of 212.56% per year. An investment of thousand dollars on the IPO would worth $22,255.71 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 publish their analysis predicting how a stock will performance in the future.
Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental information by the company, and many times. If you are a small trader you should not trade based on these predictions.
Averaging all price targets exposed below, the forecasted price for TAL Education Group stock is $75.71. That is a 55.33% than the last price ($48.74).
| Brokerage firm | Price target |
|---|---|
| Apr 20th, 2021 | |
| Nomura | Not available |
| Apr 23rd, 2021 | |
| Benchmark | $95.00 → $78.00 |
| Credit Suisse Group | $74.00 |
| Morgan Stanley | $84.00 → $75.00 |
| Apr 26th, 2021 | |
| Nomura | $68.00 |
| Apr 27th, 2021 | |
| The Goldman Sachs Group | $80.00 |
| Apr 29th, 2021 | |
| Morgan Stanley | $84.00 → $75.00 |
| May 3rd, 2021 | |
| The Goldman Sachs Group | $80.00 |
Earnings and financials
TAL Education Group ($TAL) came out with earnings of $-0.14 per share in mid-April, slightly uplifting the Market consensus estimate of $-0.15 per share. This quarterly report represents an earnings surprise of 6.67%. Company's turnover resulted of $1.4 billion compared to $1.2 billion predicted by analysts.
This compares to Earnings of $-0.10 per share a year ago, so current EPS is a decrease of -40.00%. Turnover exploded a 76.62% on an annualized basis in the , from $7.7B to $13.6B last quarter.TAL ($TAL) is presenting quarterly financial report next July. Market predicts of $-0.05, compared to Q4 that made $-0.14.
TAL Education Group performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| TAL Education Group ($TAL) | -16.40% | -45.30% | -30.20% |
Important:
The opinions published in this article are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have any knowledge of the particular positions of the reader, his or her financial statements 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 Viewpoints are published for education purposes onlyTAL summary
| Friday, May 14th, 2021 | |
|---|---|
| Open | $47.68 |
| Close | $48.74 |
| Day range | $46.88 - $48.97 |
| Previous close | $46.25 |
| Session gain | 5.38% |
| Average true range | $3.58 |
| 50d mov avg | $60.46 |
| 100d mov avg | $68.22 |
| 200d mov avg | $71.08 |
| Earnings date | July 29th, 2021 |