Today REDU ranks # as SELL CANDIDATE.
Today REDU ranks # as SELL CANDIDATE.

REDU stock RISE Education Cayman Ltd

REDU stock
RISE Education Cayman Ltd

March 21, 2019
Change -0.70%
Chart period: 2018-12-24 - 2019-03-21
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will REDU stock price go up or down on Mon, 25 Mar 2019?

Our Evaluation:

Stop-Loss: N/A Risk: Medium

Evaluation: We hold a sell evaluation for this stock. No stop-loss set.

Pivot Evaluation:

Fair price March 22, 2019 - $9.88

Current price: $9.88 ( Undervalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 10.12 2.43 %
R2 10.03 1.50 %
R1 9.97 0.93 %
Current price: 9.88 0 %
S1 9.79 -0.93 %
S2 9.73 -1.50 %
S3 9.64 -2.43 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 10.77 9.01 %
R2 10.73 8.60 %
R1 10.00 1.21 %
Current price 9.88 0 %
S1 8.49 -14.07%
S2 8.26 -16.40%
S3 8.03 -18.72%

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.