Four Seasons Education (Cayman) Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
A very red day for Four Seasons Education (Cayman) Inc. stock price after a -10.00% fall in the Friday trading session
(Updated on May 03, 2024)
The Four Seasons Education (Cayman) Inc. stock price fell by -10.00% on the last day (Friday, 3rd May 2024) from $9.40 to $8.46. During the last trading day the stock fluctuated 0% from a day low at $8.46 to a day high of $8.46. The price has fallen in 6 of the last 10 days and is down by -11.88% for this period. Volume has increased on the last day by 115 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 115 shares were bought and sold for approximately $972.90 .
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $8.13 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.40% during the next 3 months and, with a 90% probability hold a price between $9.14 and $13.54 at the end of this 3-month period.
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FEDU Signals & Forecast
There are few to no technical positive signals at the moment. The Four Seasons Education (Cayman) Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $9.03 and $9.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -12.78%. 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). Four Seasons Education (Cayman) Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Four Seasons Education (Cayman) Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $8.01 and $7.62. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Four Seasons Education (Cayman) Inc. finds support just below today's level at $8.01. If this is broken, then the next support from accumulated volume will be at $7.62 and $7.58.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". 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 1.83%.
Our recommended stop-loss: $8.01 (-5.30%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (FEDU) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Four Seasons Education (Cayman) Inc. to open at $8.46, and during the day (based on 14 day Average True Range), to move between $7.97 and $8.95, which gives a possible trading interval of +/-$0.493 (+/-5.83%) up or down from last closing price. If Four Seasons Education (Cayman) Inc. takes out the full calculated possible swing range there will be an estimated 11.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $8.90 (5.20%) than the support at $8.01 (5.32%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Four Seasons Education (Cayman) Inc. stock A Buy?
Four Seasons Education (Cayman) Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Upgraded
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 Four Seasons Education (Cayman) Inc. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $8.46 ( 0%) | $8.46 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FEDU
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 8.46 | . | |
| R2 | 8.46 | . | ||
| R1 | 8.46 | . | ||
| Current price: | 8.46 | |||
| Support | S1 | 8.46 | . | |
| S2 | 8.46 | . | ||
| S3 | 8.46 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10.50 | 24.11 % | |
| R2 | 9.45 | 11.70 % | ||
| R1 | 8.90 | 5.20 % | ||
| Current price | 8.46 | |||
| Support | S1 | 8.01 | -5.32% | |
| S2 | 7.62 | -9.93% | ||
| S3 | 7.58 | -10.40% |
FEDU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 07, 2020 | Jan 16, 2020 | Feb 10, 2020 | $1.80 | 6.34% |
| 2 | Jan 16, 2018 | Jan 31, 2018 | Feb 08, 2018 | $8.40 | 5.50% |
FAQ
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