Stadio (SDO) is a tertiary education institution that offers a wide range of post-school training. The company offers higher education through five universities offering higher certificates, degrees, masters, and PhD qualifications. It currently has over 38300 students enrolled in 6 faculties offering more than 50 accredited training programmes. 80% of these...
JSE:SDO recently came under the light after releasing some good financial results. More often than not, when a stock becomes the "big talk" of retail investors, it is already too hot and they enter long positions only to HODL as it slips from its highs.
Looking at the recent price action of JSE:SDO, the instrument closed strongly bullish last week, however we...
Stadio is a favourite of mine with solid fundamentals since unbundling from Curro.
The share price decline since listing was more of a macro fundamentals issue as the company beat all its pre-listing targets showing good growth.
From the March 2020 bottom at 75 zac, the advance has broken down in five waves labelled 1 to 5 for a higher degree wave (1).
Wave (2)...
JSE:SDO is currently on the list of 52 week high and a potential breakout on the weekly timeframe. There's a noticeable heavy buying volume in the past few weeks, possible accumulation? Breakouts have been failing lately, anything can happen but this is a promising long setup.
Stadio Holdings has been on a downward trend but with the Covid drop, something changed. The trading range indicated lots of buying with no spring and only higher highs at the last points of supply (LPS). The backup (BU) to the trading range was also very shallow. Now the price is already in the markup phase. However, there is still strength in the chart with an...
JSE:SDO
Despite the share being 79% off it's Nov-2017 high, the 14-week RSI @ it's highest level since since Jan-2018. Overhead supply of 175c is being cleared while the MACD has crossed above the zero bound for the 1st time since listing. At current levels, the technical structure is positive and leans towards a change in medium term trend from neutral to positive.
Stadio, the higher education group which was unbundled Curro, last reported results on 26/08 for the period ended 30 June 2020, where it announced a +15% increase in Revenue to R468m, Core Headline Earnings of R56.8m, an increase of 22%, Core Headline Earnings Per Share of 6.9 cents per share, an increase of 21% whilst EBITDA was lower by 55% to 45.9. The group...
Stadio: The name has been sold off significantly over the last 22 months (800c to 239c). One to consider for a longer term portfolio, the RSI is pending a breakout which may signal a reversal of this downward trend.
Recently retracted from its lower Bollinger band range.
Testing its 21-day simple moving average. A break will be the first bullish signal in the last 34 days.
Recent MACD bullish crossover supports a change in trend direction. First such a signal in the last 14 days.
Upward momentum starting to support the bullish trend direction.
Heikin-Ashi bullish trend...
