TAL Price Prediction Next Week
Analysis and Insights
News and Fundamental Analysis:
TAL Education Group (TAL) has shown strong performance recently, with a 0.7% increase on March 4 and a 5.6% surge on January 25 following positive earnings. The company reported a 62.4% revenue increase in Q3, achieving profitability with a net income of $38.6 million, a significant turnaround from the previous year's loss.
Technical Analysis:
- RSI: The RSI_6 (39.35), RSI_12 (46.93), and RSI_14 (48.27) are below 50, indicating a bearish range but not oversold.
- MACD: The MACD is slightly positive at 0.26, suggesting upward momentum.
- Stochastic Oscillator: %K (66.11) and %D (80.18) are in the bullish zone, nearing overbought levels.
- Fibonacci Levels: Pivot at 13.60, resistance at 14.38 and 14.86, support at 12.82 and 12.34.
Price Action:
TAL closed at 12.85 on March 24 with a slight pre-market increase. Volume is moderate, indicating stable trading activity.
Conclusion:
Given the strong earnings and improving technical indicators, TAL is expected to reach $14.20 next week. The stock is near the lower Fibonacci range, with potential to test resistance levels.
Recommendation: Buy TAL as it is likely to continue its upward trend.
TAL Similar Chart Price Prediction
The price of TAL is predicted to go up 26.83%, based on the high correlation periods with PANW. The similarity of these two price pattern on the periods is 92.34%.
TAL
PANW
Up: 26.83%Similarity: 92.34%
TAL Revenue Forecast
TAL EPS Forecast
TAL FAQs
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TAL VS S&P500
Easing regulatory environment boosts investor sentiment, driving share price up.
TAL Education replicates its success in academic tutoring in the overseas market.
TAL's in-house large language model MathGPT should help reduce cost and boost margin.
TAL Analyst's Forecast
Felix Liu
UBS
Strong Buy
2025-01-24
Price Target
$16 → $17
Upside
+47.13%
UBS raised the firm's price target on TAL Education to $17.20 from $16.40 and keeps a Buy rating on the shares. TAL Education reported strong Q3 results, with a beat on both EPS and revenue, the analyst tells investors in a research note. The firm continues to like TAL post-results, and UBS sees potential margin upside with better operating leverage and optimization in the learning device sales channel.
