TAL stock: buy or sell

TAL stock price: $48.74 5.38% At close on May 14th, 2021

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

TAL Education Group analysts' ratings - Last 30 days
Brokerage firmRating
Apr 20th, 2021
Nomura Strong buy
Apr 23rd, 2021
Benchmark Strong buy
Credit Suisse Group NeutralBuy
Morgan Stanley BuyBuy
Apr 26th, 2021
Nomura Strong buyNeutral
Apr 27th, 2021
The Goldman Sachs Group NeutralStrong buy
Apr 29th, 2021
Morgan Stanley Buy
May 3rd, 2021
The Goldman Sachs Group NeutralStrong buy

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

TAL stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $56.93 (16.80% above)
  • R2: $57.25 (17.46% above)
  • R3: $59.76 (22.61% above)
  • The current support levels are:

  • S1: $48.53 (-0.43% below)
  • S2: $47.63 (-2.28% below)
  • S3: $47.15 (-3.26% below)
  • 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

    TAL stock Bollinger Bands chart

    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 stock RSI chart

    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

    TAL stock price history chart

    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).

    TAL Education Group stock price predictions
    Brokerage firmPrice 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

    TAL performance compared
    Company1m3m6m
    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 only

    TAL summary

    Friday, May 14th, 2021
    Open$47.68
    Close$48.74
    Day range$46.88 - $48.97
    Previous close$46.25
    Session gain5.38%
    Average true range$3.58
    50d mov avg$60.46
    100d mov avg$68.22
    200d mov avg$71.08
    Earnings dateJuly 29th, 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 received 8 ratings in the last 30 days: 7 bullish, 0 bearish and 1 neutral.

    Will TAL go up?

    TAL Education Group had different price predictions published by market analysts in the last 30 days forecasting the target price to $75.71. That is a 55.33% than the last price ($48.74).