China Online Education Group Hits All-Time High

Summary

  • 100% technical buy signals.
  • 7 new highs and up 134.46% in the last month.
  • 433.13% gain in the last year.

If you can't get to school, then study online. China Online Education Group (COE) hit a New All-Time High and is the Barchart Chart of the Day. I found the educational services company by sorting Barchart's New All-Time High list first for the highest technical buy signals, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 12/20 the stock gained 252.02%.

China Online Education Group provides online education platform primarily in China. The Company offers English language education services through online and mobile education platforms. China Online Education Group is headquartered in Beijing, the People's Republic of China.

(Click on image to enlarge)

COE China Online Education Group

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers shown below, therefore, may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 133.45+ Weighted Alpha
  • 433.13% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 134.46% in the last month
  • Relative Strength Index 82.90%
  • Technical support level at 28.13
  • Recently traded at 35.34 with a 50 day moving average of 14.40

Fundamental factors:

  • Market Cap $612 million
  • The 1 Wall Street analyst following the stock has a strong buy recommendation
  • 650 investors are monitoring the stock on Seeking Alpha

Disclosure: None.

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