RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LOPE
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Green day on Thursday for Grand Canyon Education stock after gaining 0.96%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 15, 2024 Gain 2.65% PDF

The Grand Canyon Education stock price gained 0.96% on the last trading day (Thursday, 28th Mar 2024), rising from $134.92 to $136.21. During the last trading day the stock fluctuated 1.28% from a day low at $134.98 to a day high of $136.70. The price has risen in 7 of the last 10 days and is up by 3.52% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 52 thousand more shares were traded than the day before. In total, 171 thousand shares were bought and sold for approximately $23.30 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.58% during the next 3 months and, with a 90% probability hold a price between $140.28 and $149.80 at the end of this 3-month period.

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LOPE Signals & Forecast

The Grand Canyon Education stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $134.23 and $132.99. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -0.103%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Grand Canyon Education stock

Grand Canyon Education finds support from accumulated volume at $132.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.72 between high and low, or 1.28%. For the last week the stock has had daily average volatility of 1.57%.

Our recommended stop-loss: $131.16 (-3.70%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (LOPE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Grand Canyon Education to open at $135.96, and during the day (based on 14 day Average True Range), to move between $133.94 and $138.48, which gives a possible trading interval of +/-$2.27 (+/-1.67%) up or down from last closing price. If Grand Canyon Education takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $136.35 (0.10%) than the support at $132.60 (2.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Grand Canyon Education stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Grand Canyon Education stock to perform well in the short-term.

Current score: 3.802 Buy Candidate Unchanged

Predicted Opening Price for Grand Canyon Education of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$135.96 ( 0.182%) $136.21

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LOPE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 137.69 1.08 %
R2 137.03 0.600 %
R1 136.62 0.301 %
Current price: 136.21
Support S1 135.30 -0.666 %
S2 134.90 -0.96 %
S3 134.24 -1.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 136.35 0.103 %
Current price 136.21
Support S1 132.60 -2.65%
S2 129.13 -5.20%
S3 122.82 -9.83%

FAQ

What is the symbol for Grand Canyon Education Stock and on which exchange is it traded?
The symbol for Grand Canyon Education is LOPE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Grand Canyon Education Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Grand Canyon Education stock to perform well in the short-term.

How to buy Grand Canyon Education Stock?
Grand Canyon Education Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Grand Canyon Education Stock.

What's the current price of Grand Canyon Education Stock?
As of the end of day on the 2024-03-28, the price of an Grand Canyon Education (LOPE) share was $136.21.

What is the 52-week high and low for Grand Canyon Education Stock?
The 52-week high for Grand Canyon Education Stock is $144.23 and the 52-week low is $100.00.

What is the market capitalization of Grand Canyon Education Stock?
As of the 2024-03-28, the market capitalization of Grand Canyon Education is 4.089B.

When is the next earnings date for Grand Canyon Education?
The upcoming earnings date for Grand Canyon Education is May 07, 2024.
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About Grand Canyon Education

Grand Canyon Education Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, f... LOPE Profile

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