Taking everything into account, PRDO scores 0 out of 10 in our technical rating. PRDO 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 PRDO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.14
We found 2 important support areas.
- Support @27.95 from a horizontal line in the weekly time frame.
- A support zone ranging from 27.41 to 27.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @28.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 31.12 to 31.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.66 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 | DOWN | NEGATIVE | The long term trend for PRDO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRDO is down. |
| ChartMill Relative Strength | 29.37 | NEGATIVE | PRDO has a low relative strength, it was outperformed by 70.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRDO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRDO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRDO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.65 | OVERSOLD | The low RSI value suggests PRDO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PRDO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.64 | NEUTRAL | The Stochastics value for PRDO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for PRDO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for PRDO suggests a strong trend. |
27.96
+0.01 (+0.04%)
PERDOCEO EDUCATION CORP / PRDO FAQ
Can you provide the ChartMill technical rating for PERDOCEO EDUCATION CORP?
ChartMill assigns a technical rating of 0 / 10 to PRDO.
Can you provide the trend direction for PERDOCEO EDUCATION CORP?
The current trend direction for PERDOCEO EDUCATION CORP (PRDO) is Bearish.
What is the RSI signal for PRDO stock?
PERDOCEO EDUCATION CORP (PRDO) has an RSI value of 27.6494. This indicates that the stock is currently oversold.
Can you provide the MACD signal for PERDOCEO EDUCATION CORP?
The MACD indicator for PERDOCEO EDUCATION CORP (PRDO) has a value of -0.154083, indicating a bearish trend.
What is the buy/sell signal for PRDO stock?
The buy/sell signal for PERDOCEO EDUCATION CORP (PRDO) is sell as both the short term and long term trends are negative.