The Relative Strength (RS) Rating for Grand Canyon Education stock entered a new percentile Tuesday, with an increase from 79 to 83.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
History reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
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Is Grand Canyon Education Stock A Buy?
Grand Canyon Education stock is building a cup without handle with a 156.56 buy point. See if the stock can break out in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 18%, compared to 17% in the prior report. Revenue increased from 8% to 10%. Keep an eye out for the company's next round of numbers on or around Aug. 6.
Grand Canyon Education stock earns the No. 5 rank among its peers in the Consumer Services-Education industry group. Lincoln Educational Svcs is the top-ranked stock within the group.
