On Monday, Grand Canyon Education got an upgrade to its Relative Strength (RS) Rating, from 67 to 77.
This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Grand Canyon Education can continue to rebound and clear that threshold.
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Grand Canyon Education is now considered extended and out of buy range after clearing a 157.53 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported 17% EPS growth last quarter. Revenue increased 7%.
Grand Canyon Education earns the No. 7 rank among its peers in the Consumer Services-Education industry group. Stride, Adtalem Global Education and Universal Tech Institute are among the top 5 highly rated stocks within the group.
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