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LOPE Stock Tickeron detected bullish Stock Pattern: Triangle Descending LOPE on November 05, 2024, netting in a 18.67% gain over 1 month

A.I.dvisor
at Tickeron.com
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+18.67% Gain from a Successful pattern Triangle Descending
LOPE - Grand Canyon Education
Tickeron
Ticker: LOPE
Company: Grand Canyon Education
Gain: +18.67%
Confirmed: 11/05/24
Succeeded: 11/07/24
Total length: 58 days
On September 10, 2024, A.I.dvisor detected a Triangle Descending Pattern (Bullish) for Grand Canyon Education (LOPE, $137.81). On November 05, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $172.80. 2 days later, on November 07, 2024, LOPE reached the target price resulting in a +1 for traders who took a long position in the stock.

LOPE in upward trend: 10-day moving average moved above 50-day moving average on November 07, 2024

The 10-day moving average for LOPE crossed bullishly above the 50-day moving average on November 07, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for LOPE just turned positive on October 24, 2024. Looking at past instances where LOPE's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

LOPE moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LOPE advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 237 cases where LOPE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for LOPE moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where LOPE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on LOPE as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LOPE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

LOPE broke above its upper Bollinger Band on November 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LOPE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.744) is normal, around the industry mean (27.149). P/E Ratio (20.199) is within average values for comparable stocks, (88.031). Projected Growth (PEG Ratio) (1.197) is also within normal values, averaging (1.729). Dividend Yield (0.000) settles around the average of (0.038) among similar stocks. P/S Ratio (4.308) is also within normal values, averaging (11.835).

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LOPE
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A.I.Advisor
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General Information

a provider of online postsecondary education services

Industry MiscellaneousCommercialServices

Profile
Fundamentals
Details
Industry
Miscellaneous Commercial Services
Address
2600 West Camelback Road
Phone
+1 602 247-4400
Employees
5800
Web
https://www.gcu.edu