GRAND CANYON EDUCATION INC (LOPE) Stock Technical Analysis
NASDAQ:LOPE - Nasdaq - US38526M1062 - Common Stock - Currency: USD
Taking everything into account, LOPE scores 8 out of 10 in our technical rating. In the last year, LOPE was one of the better performers, but we do observe some doubts in the very recent evolution.
LOPE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, LOPE did better than 88% of all other stocks. On top of that, LOPE also shows a nice and consistent pattern of rising prices.
LOPE is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 72% of 70 stocks in the same industry.
LOPE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LOPE is performing more or less in line with the market.
LOPE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 197.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 186.65, a Stop Loss order could be placed below this zone.
More info and screens
138.70
202.78
We found 5 important support areas.
- A support zone ranging from 183.28 to 186.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @175.34 from a trend line in the daily time frame.
- A support zone ranging from 162.36 to 167.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @159.62 from a horizontal line in the daily time frame.
- Support @140.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 197.85 to 200.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LOPE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOPE is neutral. |
| ChartMill Relative Strength | 88.15 | POSITIVE | LOPE has a high relative strength, it outperformed 88.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOPE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOPE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOPE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.89 | NEUTRAL | The RSI value for LOPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests LOPE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.37 | NEUTRAL | The Stochastics value for LOPE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for LOPE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.68 | NEUTRAL | The ADX value for LOPE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.31 | 183.27 | 13.04 (6.64%) | 15.05% |
| An entry @196.31. This is a Buy Stop order right above the 10 day high. | An exit @183.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.04 points, which is 6.64%. | When investing 15.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
188.34
+2.68 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg1.44%
1 Week2.63%
2 Weeks-3.33%
1 Month-4.45%
3 Month11.56%
6 Month17.48%
12 Month38.92%
2 Year82.48%
3 Year99.96%
5 Year108.04%
10 Year344.2%
15 Year703.84%
Volatility
ATR(14)5.38
ATR(20)%2.47%
ATR Inc-32.76%
Range Today3.39
ADR(20)4.6
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.15
Mansfield1.08
10 Day High196.3
10 Day Low181.2
20 Day High202.01
20 Day Low181.2
52 Week High202.28
52 Week Low130.69
CS1 End186.65
CR1 Start197.85
Volume & EV
DER(3)-2.35%
DER(5)-0.8%
Volume206.40K
Volume Incr17.71%
Vol(5)207.24K
Vol(50)214.02K