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 LRN
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Weaker technical forecast for K12 Inc as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The K12 Inc stock price fell by -0.395% on the last day (Thursday, 28th Mar 2024) from $63.30 to $63.05. During the last trading day the stock fluctuated 2.11% from a day low at $62.72 to a day high of $64.05. The price has risen in 6 of the last 10 days and is up by 2.94% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -82 thousand shares and in total, 498 thousand shares were bought and sold for approximately $31.41 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $64.21 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.10% during the next 3 months and, with a 90% probability hold a price between $59.65 and $67.49 at the end of this 3-month period.

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LRN Signals & Forecast

The K12 Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $63.47. On a fall, the stock will find some support from the long-term average at approximately $60.67. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell 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 25, 2024, and so far it has fallen -1.58%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for K12 Inc stock

K12 Inc finds support from accumulated volume at $62.09 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 $1.33 between high and low, or 2.11%. For the last week the stock has had daily average volatility of 1.83%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect K12 Inc to open at $63.27, and during the day (based on 14 day Average True Range), to move between $61.60 and $64.50, which gives a possible trading interval of +/-$1.45 (+/-2.30%) up or down from last closing price. If K12 Inc takes out the full calculated possible swing range there will be an estimated 4.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $63.34 (0.46%) than the support at $62.09 (1.52%), 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 K12 Inc stock A Buy?

K12 Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.387 Sell Candidate Downgraded

Predicted Opening Price for K12 Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$63.27 ( 0.352%) $63.05

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

Trading levels for LRN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 64.60 2.45 %
R2 64.09 1.65 %
R1 63.78 1.15 %
Current price: 63.05
Support S1 62.77 -0.451 %
S2 62.45 -0.95 %
S3 61.95 -1.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 63.68 1.00 %
R2 63.62 0.90 %
R1 63.34 0.460 %
Current price 63.05
Support S1 62.09 -1.52%
S2 61.64 -2.24%
S3 60.82 -3.54%

FAQ

What is the symbol for K12 Inc Stock and on which exchange is it traded?
The symbol for K12 Inc is LRN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell K12 Inc Stock?
K12 Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

How to buy K12 Inc Stock?
K12 Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy K12 Inc Stock.

What's the current price of K12 Inc Stock?
As of the end of day on the 2024-03-28, the price of an K12 Inc (LRN) share was $63.05.

What is the 52-week high and low for K12 Inc Stock?
The 52-week high for K12 Inc Stock is $69.70 and the 52-week low is $35.61.

What is the market capitalization of K12 Inc Stock?
As of the 2024-03-28, the market capitalization of K12 Inc is 2.735B.

When is the next earnings date for K12 Inc?
The upcoming earnings date for K12 Inc is Apr 23, 2024.
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About K12 Inc

K12 Stride, Inc., a technology-based education company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated... LRN Profile

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