PERDOCEO EDUCATION CORP (PRDO) Stock Technical Analysis
NASDAQ:PRDO - Nasdaq - US71363P1066 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PRDO. In the last year, PRDO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PRDO has a been trading in the 25.93 - 29.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, PRDO did better than 86% of all other stocks.
PRDO is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry. PRDO outperforms 74% of them.
PRDO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PRDO is lagging the market slightly.
PRDO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.34
29.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.68 to 25.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.00 from a trend line in the weekly time frame.
- Support @21.98 from a trend line in the weekly time frame.
- A support zone ranging from 20.55 to 20.74. 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 28.78 to 29.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.91
Mansfield0.57
10 Day High29.84
10 Day Low25.93
20 Day High29.84
20 Day Low25.93
52 Week High29.84
52 Week Low16.56
Performance
1 Week-8.23%
2 Weeks-8.3%
1 Month-7.58%
3 Month-4.98%
6 Month13.51%
12 Month49%
2 Year88.39%
3 Year148.04%
5 Year73.95%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.31
RSI(14)32.66
LBB26.52
UBB29.82
25.97
-1.2 (-4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-4.42%
1 Week-8.23%
2 Weeks-8.3%
1 Month-7.58%
3 Month-4.98%
6 Month13.51%
12 Month49%
2 Year88.39%
3 Year148.04%
5 Year73.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%3.2%
ATR Inc92.12%
Range Today1.85
ADR(20)0.83
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.91
Mansfield0.57
10 Day High29.84
10 Day Low25.93
20 Day High29.84
20 Day Low25.93
52 Week High29.84
52 Week Low16.56
CS1 End25.87
CR1 Start28.78
Volume & EV
DER(3)-1.41%
DER(5)0.45%
Volume674.30K
Volume Incr93.64%
Vol(5)700.46K
Vol(50)437.21K