USA - NASDAQ:PRDO - US71363P1066 - Common Stock
Taking everything into account, PRDO scores 9 out of 10 in our technical rating. In the last year, PRDO was one of the better performers, but we do observe some doubts in the very recent evolution.
PRDO has an excellent technical rating, but the quality of the setup is only medium 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.
29.21
3 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 | UP | POSITIVE | The long term trend for PRDO is up. | 
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRDO is neutral. | 
| ChartMill Relative Strength | 89.02 | POSITIVE | PRDO has a high relative strength, it outperformed 89.02% 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) | UP | POSITIVE | The current price of PRDO is above the rising SMA(50). | 
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRDO is above the rising SMA(200). | 
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for PRDO is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PRDO has a negative trend. | 
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for PRDO is a neutral value. | 
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for PRDO suggests some volalility. | 
| Average Directional Index/ADX (14) | 27.17 | POSITIVE | The high ADX value value for PRDO suggests a strong trend. | 
35.29
+0.65 (+1.88%)
ChartMill assigns a technical rating of 9 / 10 to PRDO.
The current trend direction for PERDOCEO EDUCATION CORP (PRDO) is Bullish.
PERDOCEO EDUCATION CORP (PRDO) has an RSI value of 47.6102. This indicates that the stock is currently neutral.
The MACD indicator for PERDOCEO EDUCATION CORP (PRDO) has a value of -0.107057, indicating a bearish trend.