Stocks to watch: Eyes on TAL Education Group (TAL), Royal Caribbean Cruises LTD. (RCL)

Stocks to watch: Eyes on TAL Education Group (TAL), Royal Caribbean Cruises LTD. (RCL)

The last few days have been rough for TAL Education Group (NYSE:TAL), as its price has decreased by -7.07% during the week. It has also performed poorly over the past three months, as it lost around -1% while it has so far retreated around -18.3% during the course of a year. The price of the stock went down by -$1.26 now trading at $24.73. Their shares witnessed a 17.31% increase from the 52-week low price of $21.08 they recorded on 2018-10-11. Even though it is still -92.6% behind the $47.63 high touched on 2018-06-12. The stock of TAL recorded -7.31% downtrend from the beginning of this year till date. The 12-month potential price target for TAL Education Group is set at $34.14. This target means that the stock has an upside potential to increase by 38.05% from the current trading price.

When giving their opinion, around 75.86% of Wall Street analysts, which represents 22 out of 29 rated the stock as a Buy. 7 brokerage firms of the remaining 24.14% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate TAL shares held by institutional investors represents 10.57% of total shares. 37 institutions entered new TAL Education Group (NYSE:TAL) positions, 151 added to their existing positions in these shares, 154 lowered their positions, and 70 exited their positions entirely.

TAL Education Group (TAL) trade volume has decreased by -35.61% as around 3,093,352 shares were sold when compared with its 50-day average volume of traded shares which is 4,803,750. At the moment, TAL is witnessing a downtrend, as it is trading -8.86% below its 20-day SMA, -9.62% below its 50-day SMA, and -24.97% below its 200-day SMA. The company runs an ROE of roughly 16.3%, with financial analysts predicting that their earnings per share growth will be around 40.14% per annum for the next five year. This will be compared to the 37.1% increase witnessed over the past five years.

The first technical resistance point for TAL Education Group (NYSE:TAL) will likely come at $25.65, marking a 3.59% premium to the current level. The second resistance point is at $26.58, about 6.96% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $23.74, the lower end of the range. TAL’s 14-day MACD is -0.72 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 37.04, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 39.91 percent, which is low when compared to that of the 50-day’s 58.67 percent.

The shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) has decreased by -5.36%, and now trading at $92.55 on the Wall Street in the intra-day deal, with their shares traded now around 2,806,781. This is a rise of 852,435 shares over the average 1,954,346 shares that were traded daily over the last three months. The stock that is trading at $92.55 went higher by 3.43% from its 52-week low of $89.48 that it attained back on 2018-12-24. The stock recorded a 52-week high of $135.65 nearly 340 days ago on 2018-01-29.

RCL stock hasn’t performed well over the past 30 days, as it lost -18.15% while its price plunged by -5.36% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.03% over the last week. The stock’s 12-month potential target price is now at $137.21. This means that the stock price might likely increase by 48.25% from its current trading price.16 out of 20 Wall Street analysts which represents 80% rated the stock as a buy while the remaining 20 rated it as a hold, with 0 of analysts rating it as a sell.

Royal Caribbean Cruises Ltd. (NYSE:RCL) has been utilizing an ROE that is roughly 16.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 12% per year, following the 146.2% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -9.22% below its 20-day SMA, -12.46% below its 50-day SMA, and -17.74% below its 200-day SMA. In percentage terms, the aggregate Royal Caribbean Cruises Ltd. shares held by institutional investors is 73.8%. 93 institutions jumped in to acquire Royal Caribbean Cruises Ltd. (RCL) fresh stake, 307 added to their current holdings in these shares, 316 lowered their positions, and 67 left no stake in the company.

The stock’s 9-day MACD is 1.31 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 32.82, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 47.51 percent, which is more when compared to that of the 50-day’s 41.69 percent. On the daily chart, we see that the stock could reach the first level of resistance at $95.95, sporting a 3.54% premium to the current level. The next resistance point is at $99.34, representing nearly 6.84% premium to the current market price of Royal Caribbean Cruises Ltd. (RCL). On the other hand, failure to breach the immediate hurdles can drag it down to $88.48, the lower end of the range.

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