We assign a technical rating of 1 out of 10 to LOPE. 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.
LOPE has a bad technical rating, but it does show 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 167.09. Right above this resistance zone may be a good entry point.
151.85
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The long term trend for LOPE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOPE is neutral. |
| ChartMill Relative Strength | 23.7 | NEGATIVE | LOPE has a low relative strength, it was outperformed by 76.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOPE is above the rising 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) | 51.08 | NEUTRAL | The RSI value for LOPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests LOPE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.61 | OVERBOUGHT | The high Stochastics value suggests LOPE may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for LOPE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for LOPE suggests a possible start of a new trend. |
166.31
-0.69 (-0.41%)
ChartMill assigns a technical rating of 1 / 10 to LOPE.
The current trend direction for GRAND CANYON EDUCATION INC (LOPE) is Bearish.
GRAND CANYON EDUCATION INC (LOPE) has an RSI value of 51.0767. This indicates that the stock is currently neutral.
The MACD indicator for GRAND CANYON EDUCATION INC (LOPE) has a value of 1.54827, indicating a bullish trend.