We assign a technical rating of 0 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.
Although the technical rating is bad, LOPE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 157.01. Right above this resistance zone may be a good entry point.
151.85
We found 1 important support area.
We found 1 important resistance 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 | DOWN | NEGATIVE | The short term trend for LOPE is down. |
| ChartMill Relative Strength | 17.69 | NEGATIVE | LOPE has a low relative strength, it was outperformed by 82.31% 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) | 38.29 | NEUTRAL | The RSI value for LOPE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.82 | POSITIVE | The MACD value suggests LOPE has a positive trend. |
| Stochastics (14,3) | 57.35 | NEUTRAL | The Stochastics value for LOPE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for LOPE suggests some volalility. |
| Average Directional Index/ADX (14) | 51.09 | POSITIVE | The high ADX value value for LOPE suggests a strong trend. |
157
-1.15 (-0.73%)
ChartMill assigns a technical rating of 0 / 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 38.2859. This indicates that the stock is currently neutral.
The short term momentum for GRAND CANYON EDUCATION INC (LOPE) is negative.
GRAND CANYON EDUCATION INC (LOPE) has a support level at 155.42 and a resistance level at 157.01. Check the full technical report for our detailed analysis of LOPE support and resistance levels.