Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. TAL Education Group ADR shares valued at $281,039 were purchased by LIU YACHAO on Jan 27 ’25. At $11.69 per share, LIU YACHAO acquired 24,041 shares.
Also, PENG ALEX ZHUANGZHUANG purchased 25,302 shares, netting a total of over 277,816 in proceeds.
Before that, ZHANG KAIFU had added 4,803 shares to its account. In a trade valued at $52,737, the Director bought TAL Education Group ADR shares for $10.98 each.
Analysts at CLSA upgraded the stock from ‘”an Outperform”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of January 25, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for TAL. Earlier on November 24, 2023, Goldman initiated its rating. Their recommendation was “a Buy” for TAL stock.
Analyzing TAL Stock Performance
During the last five days, there has been a surge of approximately 13.37%. Over the course of the year, TAL Education Group ADR shares have jumped approximately 25.25%. Shares of the company reached a 52-week high of $12.98 on 01/28/25 and a 52-week low of $8.62 on 01/22/25. A 50-day SMA is recorded $10.16, while a 200-day SMA reached $10.44. Nevertheless, trading volume fell to 8.84 million shares from 10.82 million shares the previous day.
Support And Resistance Levels for TAL Education Group ADR (TAL)
According to the 24-hour chart, there is a support level at 12.21, which, if violated, would cause prices to drop to 11.87. In the upper region, resistance lies at 12.79. The next price resistance is at 13.03. RSI (Relative Strength Index) is 68.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.03, which suggests the price will increase in the coming days. Percent R is at 9.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.