GRAND CANYON EDUCATION INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	LOPE
ISIN:

GRAND CANYON EDUCATION INC. - Daily - Technical analysis published on 07/15/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 118.71 USD

My targets

122.13 USD (+1.50%)

129.67 USD (+7.77%)

My analysis

The basic bullish trend is very strong on GRAND CANYON EDUCATION INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 118.71 USD. Crossing the first resistance at 122.13 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 129.67 USD as an objective. Caution, a return to below 118.71 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GRAND CANYON EDUCATION INC. price is 120.32 USD. The price registered an increase of +0.97% on the session with the lowest point at 118.56 USD and the highest point at 120.38 USD. The deviation from the price is +1.48% for the low point and -0.05% for the high point.

118.56

120.38

120.32

The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of GRAND CANYON EDUCATION INC. in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	90.83	114.14	118.71	120.32	122.13	129.67
Change (%)	-24.51%	-5.14%	-1.34%	-	+1.50%	+7.77%
Change	-29.49	-6.18	-1.61	-	+1.81	+9.35
Level	Major	Major	Major	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	115.58	116.51	117.84	118.77	120.10	121.03	122.36
Camarilla	118.54	118.75	118.95	119.16	119.37	119.57	119.78
Woodie	115.77	116.61	118.03	118.87	120.29	121.13	122.55
Fibonacci	116.51	117.38	117.91	118.77	119.64	120.17	121.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	112.91	114.38	116.77	118.24	120.63	122.10	124.49
Camarilla	118.10	118.45	118.81	119.16	119.51	119.87	120.22
Woodie	113.37	114.61	117.23	118.47	121.09	122.33	124.95
Fibonacci	114.38	115.86	116.77	118.24	119.72	120.63	122.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.99	106.02	111.52	120.55	126.05	135.08	140.58
Camarilla	113.02	114.36	115.69	117.02	118.35	119.68	121.02
Woodie	95.23	105.14	109.76	119.67	124.29	134.20	138.82
Fibonacci	106.02	111.57	115.00	120.55	126.10	129.53	135.08

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.86
MACD (12,26,9):	-0.6400
Directional Movement:	0.29
AROON (14):	-14.29
DEMA (21):	118.02
Parabolic SAR (0,02-0,02-0,2):	115.29
Elder Ray (13):	1.00
Super Trend (3,10):	122.54
Zig ZAG (10):	120.21
VORTEX (21):	0.8800
Stochastique (14,3,5):	68.84
TEMA (21):	117.27
Williams %R (14):	-2.46
Chande Momentum Oscillator (20):	3.89
Repulse (5,40,3):	2.7400
ROCnROLL:	1
TRIX (15,9):	-0.1000
Courbe Coppock:	3.91

MA7:	117.81
MA20:	118.89
MA50:	119.36
MA100:	118.05
MAexp7:	118.43
MAexp20:	118.85
MAexp50:	118.81
MAexp100:	116.87
Price / MA7:	+2.13%
Price / MA20:	+1.20%
Price / MA50:	+0.80%
Price / MA100:	+1.92%
Price / MAexp7:	+1.60%
Price / MAexp20:	+1.24%
Price / MAexp50:	+1.27%
Price / MAexp100:	+2.95%

News

The last news published on GRAND CANYON EDUCATION INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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