GRAND CANYON EDUCATION INC (LOPE) Stock Technical Analysis
USA - NASDAQ:LOPE - US38526M1062 - Common Stock
Overall LOPE gets a technical rating of 0 out of 10. LOPE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of LOPE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
143.19
We found 2 important support areas.
- A support zone ranging from 164.86 to 166.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @144.64 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 166.11 to 167.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @219.52 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for LOPE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOPE is down. |
| ChartMill Relative Strength | 22.26 | NEGATIVE | LOPE has a low relative strength, it was outperformed by 77.74% 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) | DOWN | NEGATIVE | The current price of LOPE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOPE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.27 | OVERSOLD | The low RSI value suggests LOPE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.3 | NEGATIVE | The MACD value suggests LOPE has a negative trend. |
| Stochastics (14,3) | 12.86 | OVERSOLD | The low Stochastics value suggests LOPE may be oversold. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for LOPE suggests some volalility. |
| Average Directional Index/ADX (14) | 34.41 | POSITIVE | The high ADX value value for LOPE suggests a strong trend. |
166.1
-0.95 (-0.57%)
GRAND CANYON EDUCATION INC / LOPE FAQ
What is the technical rating for LOPE stock?
ChartMill assigns a technical rating of 0 / 10 to LOPE.
What is the trend direction for LOPE stock?
The current trend direction for GRAND CANYON EDUCATION INC (LOPE) is Bearish.
What is the RSI signal for GRAND CANYON EDUCATION INC (LOPE) stock?
GRAND CANYON EDUCATION INC (LOPE) has an RSI value of 20.2697. This indicates that the stock is currently oversold.
What is the short term momentum for LOPE stock?
The short term momentum for GRAND CANYON EDUCATION INC (LOPE) is negative.
What is the support and resistance level for LOPE stock?
GRAND CANYON EDUCATION INC (LOPE) has a support level at 166.09 and a resistance level at 166.11. Check the full technical report for our detailed analysis of LOPE support and resistance levels.