Taking everything into account, PRDO scores 5 out of 10 in our technical rating. PRDO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- PRDO is part of the Diversified Consumer Services industry. There are 76 other stocks in this industry. PRDO outperforms 82% of them.
- In the last month PRDO has a been trading in the 30.81 - 33.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, PRDO turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- PRDO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRDO is lagging the market.
Although the technical rating is only medium, PRDO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.59, a Stop Loss order could be placed below this zone.
More info and screens
27.68
3 important support areas can be observed.
- A support zone ranging from 30.18 to 30.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.24 from a trend line in the weekly time frame.
- A support zone ranging from 27.96 to 28.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.81 to 32.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for PRDO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRDO is neutral. |
| ChartMill Relative Strength | 65.41 | NEUTRAL | PRDO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRDO is below the rising 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) | 52.68 | NEUTRAL | The RSI value for PRDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PRDO has a negative trend. |
| Stochastics (14,3) | 27.59 | NEUTRAL | The Stochastics value for PRDO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for PRDO suggests some volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for PRDO suggests a weak or negative trend. |
31.66
+0.22 (+0.7%)
PERDOCEO EDUCATION CORP / PRDO FAQ
Can you provide the ChartMill technical rating for PERDOCEO EDUCATION CORP?
ChartMill assigns a technical rating of 5 / 10 to PRDO.
What is the current trend direction of PERDOCEO EDUCATION CORP (PRDO) stock?
The current trend direction for PERDOCEO EDUCATION CORP (PRDO) is Bearish.
Can you provide the RSI signal for PERDOCEO EDUCATION CORP?
PERDOCEO EDUCATION CORP (PRDO) has an RSI value of 52.6765. This indicates that the stock is currently neutral.
What are the support and resistance levels for PERDOCEO EDUCATION CORP (PRDO) stock?
PERDOCEO EDUCATION CORP (PRDO) has a support level at 30.59 and a resistance level at 31.81. Check the full technical report for our detailed analysis of PRDO support and resistance levels.