NASDAQ:REDU
Delisted

RISE Education Cayman Ltd Stock Forecast

$3.41
+0 (+0%)
At Close: Jul 20, 2022
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Wednesday for RISE Education Cayman Ltd
(Updated on Jul 20, 2022)

Buy or Hold candidate since May 31, 2022 Gain 148.91% PDF

No changes to the price of RISE Education Cayman Ltd stock on the last trading day (Wednesday, 20th Jul 2022). During the last trading day the stock fluctuated 0% from a day low at $3.41 to a day high of $3.41. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 225.77% during the next 3 months and, with a 90% probability hold a price between $9.19 and $14.78 at the end of this 3-month period.

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REDU Signals & Forecast

The RISE Education Cayman Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $3.41 and $2.98. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 19, 2022, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for RISE Education Cayman Ltd stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $3.27 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (REDU) For The Upcoming Trading Day Of Thursday 21st

For the upcoming trading day on Thursday, 21st we expect RISE Education Cayman Ltd to open at $3.41, and during the day (based on 14 day Average True Range), to move between $3.36 and $3.46, which gives a possible trading interval of +/-$0.0515 (+/-1.51%) up or down from last closing price. If RISE Education Cayman Ltd takes out the full calculated possible swing range there will be an estimated 3.02% move between the lowest and the highest trading price during the day.

Is RISE Education Cayman Ltd stock A Buy?

RISE Education Cayman Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for RISE Education Cayman Ltd of Thursday, July 21, 2022

Fair opening price July 21, 2022 Current price
$3.41 ( 0%) $3.41

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for REDU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.41 .
R2 3.41 .
R1 3.41 .
Current price: 3.41
Support S1 3.41 .
S2 3.41 .
S3 3.41 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 3.41
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for RISE Education Cayman Ltd Stock and on which exchange is it traded?
The symbol for RISE Education Cayman Ltd is REDU and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell RISE Education Cayman Ltd Stock?
RISE Education Cayman Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy RISE Education Cayman Ltd Stock?
RISE Education Cayman Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy RISE Education Cayman Ltd Stock.

What's the current price of RISE Education Cayman Ltd Stock?
As of the end of day on the 2022-07-20, the price of an RISE Education Cayman Ltd (REDU) share was $3.41.

What is the 52-week high and low for RISE Education Cayman Ltd Stock?
The 52-week high for RISE Education Cayman Ltd Stock is $4.49 and the 52-week low is $0.416.

What is the market capitalization of RISE Education Cayman Ltd Stock?
As of the 2022-07-20, the market capitalization of RISE Education Cayman Ltd is 730.286M.
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