Technical Analysis for SCHL - Scholastic Corporation

Grade Last Price % Change Price Change
D 35.26 -0.59% -0.21
SCHL closed down 0.59 percent on Monday, July 1, 2024, on 72 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Jul 18
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Bearish Engulfing Bearish 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Weak + Overbought Other 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

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Profile

Scholastic Corporation Description

Scholastic Corporation operates as a children's publishing, education, and media company in the United States and internationally. The company's Children's Book Publishing and Distribution segment publishes and distributes children's books through school-based book clubs and book fairs, ecommerce, and the trade channel. Its Educational Technology and Services segment provides curriculum-based learning technology and materials for grades pre-kindergarten to 12; and provides related implementation and assessment, and school consulting services. The company's Classroom and Supplemental Materials Publishing segment offers children's books, classroom magazines, supplemental classroom materials, custom curriculum and teaching guides, print and online reference products, and non-fiction products for grades pre-kindergarten to 12 in schools and libraries. Its Media, Licensing and Advertising segment creates and produces programming and digital content for various platforms, including television, DVDs, audio, movies, interactive games, applications, and websites; and offers a television library consisting of approximately 500 half-hour productions. It also produces television programming, including the animated series; young adult and children's audio recordings for the school, library, and retail markets; and supplementary educational materials, as well as creates audiovisual adaptations of classic children's picture books, and original and licensed consumer software, including handheld and console products for grades pre-K to 8. In addition, this segment develops literacy, education, and pro-social campaigns in partnership with non-profit organizations, government agencies, associations, and corporations. The company distributes its products and services through school-based book clubs and book fairs, as well as directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.


Classification

Sector: Consumer Cyclical
Industry: Publishing
Keywords: Retail Store Games E Commerce Magazines Educational Technology Ecommerce Media Teaching Educational Materials Kindergarten Audiovisual Retail Markets Fiction Reference Product Reference Products

Is SCHL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 45.0462
52 Week Low 31.9955
Average Volume 153,956
200-Day Moving Average 37.20
50-Day Moving Average 35.67
20-Day Moving Average 34.82
10-Day Moving Average 35.02
Average True Range 0.71
RSI (14) 50.25
ADX 11.29
+DI 23.77
-DI 20.31
Chandelier Exit (Long, 3 ATRs) 34.50
Chandelier Exit (Short, 3 ATRs) 35.41
Upper Bollinger Bands 35.76
Lower Bollinger Band 33.88
Percent B (%b) 0.73
BandWidth 5.39
MACD Line -0.15
MACD Signal Line -0.29
MACD Histogram 0.1349
Fundamentals Value
Market Cap 1.01 Billion
Num Shares 28.7 Million
EPS 1.74
Price-to-Earnings (P/E) Ratio 20.26
Price-to-Sales 0.70
Price-to-Book 1.07
PEG Ratio 3.63
Dividend 0.80
Dividend Yield 2.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.18
Resistance 3 (R3) 36.24 36.01 36.02
Resistance 2 (R2) 36.01 35.77 35.97 35.97
Resistance 1 (R1) 35.63 35.63 35.52 35.57 35.92
Pivot Point 35.40 35.40 35.34 35.36 35.40
Support 1 (S1) 35.02 35.16 34.91 34.96 34.60
Support 2 (S2) 34.79 35.02 34.75 34.55
Support 3 (S3) 34.41 34.79 34.50
Support 4 (S4) 34.35