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Tarena International Inc. (TEDU)

TEDU stock forecast: buy or sell

Close on Sep 25th, 2020
$1.69 -0.01%
3 months performance
0.00%
Published: September 26th, 2020 - 17:45

TEDU stock outlook

  • Tarena International closed yesterday at $1.69 (-0.59%) prior to reporting financial results at
  • Tarena International, Inc., through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People's Republic of China.

Important note:
The opinions published in this article are personal and not recommendations for you to buy or sell shares. The author of this paper does not have any knowledge of the specific 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 Comments are posted for informational reasons only

TEDU stock charts

Should I buy Tarena International 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 TEDU stock a buy?

Currently, Tarena International 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 TEDU in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Tarena International stock?

"To sell or not to sell", if you are holding Tarena International stock?. Similarly to when we have to buy shares, determining when is the best time to sell is not a random decision, and we must adhere our own trading style. When selling, as well as buying, detailed setups are very simple to use and are only valid for selling stocks you already own, not for selling short Tarena International stock

As a rule of thumb, you should never hold an investment that leads to losses greater than those expected at the time of purchase. The moment to sell your stock should always be ruled by the stop-loss (automatic or manual)

Is it time to sell Tarena International stock?

Currently, Tarena International stock doesn't match any of our preferred sell setups, so if you own Tarena International stock and your operation is in profit probably is not time to sell now

Analysts' recommendations to buy or sell Tarena International stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the previous month we couldn't find any rating for Tarena International

Technical analysis

SMAs overview

A favorite tool of many traders are the moving averages, that easily show market momentum. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days. Learn more about Moving Averages from sources like Wikipedia and Investopedia

TEDU SMAs chart

Supports and resistances

Market investors use support and resistance levels to spot price points on a chart that tend to act as glass ceiling, containing the price of an asset to move up or down. Supports are levels where the price tends to stop as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. Nevertheless, if the price breaks down the support, it is likely to continue descending until approaching another support level. On the other hand, resistance levels are where the price tends to find resistance as it moves up. In the same manner, the price is more likely to "bounce off" at this level, and if it finally crosses this level, the price will rally easily until it meets the next resistance

The current resistance levels are:

  • R1: $1.80 (6.51% above)
  • R2: $2.00 (18.34% above)
  • R3: $2.06 (21.89% above)
  • The current supports are:

  • S1: $1.53 (-9.47% below)
  • S2: $1.50 (-11.24% below)
  • S3: $1.42 (-15.98% below)
  • Bollinger bands

    The so-called Bollinger bands are a widespread technique created by John Bollinger. Essentially, the Bollinger Bands are lines that flow around a centralmoving averagediffering in distance from the bottom to the top depending on market volatility. They are usually drawn by an interval of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20

    The price is moving very close to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell signal, as price can trade in these levels for many days and weeks

    TEDU RSI chart

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of stock markets. Its objective is to map the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Oscillator indicators, such as relative strength, are designed to indicate values in the range of 0-100. The relative strength indicator is one of the best known and most widely used indicators, invented by J. Welles Wilder in 1978

    When the relative strength (RSI) fluctuates for so long below 70 and above 30, without any indication of overvaluation and undervaluation, the indicator gets of little use, and we are now in one of these cases.

    TEDU RSI chart

    Earnings and financials

    2nd-quarter shareholders event was hosted by TEDU in mid-June after posting the financial report.

    This compares to earnings of $0.00 per share a year ago, so posted EPS means -. Looking at sales, figures tanked a -28.98% compared to $441.3M same quarter a year ago.

    TEDU is hosting the quarterly earnings call. Financial reporting day has a more than usual risk for stock investors as the data posted can jump up or down the price with lower volume and not honouring your buy/stop-loss orders. You can probably uncover more information about the earnings call and the earnings reports on the Investor Relations section of its website: http://ir.tedu.cn.

    TEDU revenues and profits chart