Apollo Group ($APOL) – Oversold

Apollo Group has hit a technical signal on 3 different technical indicators. APOL is in the Consumer Services sector. The technical signals indicate that the stock is Oversold right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $31.34 on May 11.

There are currently 17 analysts covering the company. Of these analysts, 9 have a buy recommendation. The current consensus estimate for quarterly earnings among the 17 analysts covering the stock is $0.97 per share. Last quarter the company earned $0.37 per share. The consensus estimate for this years earnings is $3.36 per share as compared to the next years’ expectation, of $3.18 per share. The consensus estimate for next years earnings is $3.18 per share, which represents forecast growth of -5.4%.

Over the last 52 weeks, the stock has been trading between $30.93 and $58.29. More recently in the last 4 weeks, the stock has been trading between $30.93 and $37.36. Yesterday the stock traded between $30.93 and $32.20. The stock currently has a PE ratio of 11.1.

Apollo Group is trading -9.4% from its 20-day simple moving average (SMA) of $34.58 and -17.7% from its 50-day SMA and -31.52% from its 200-day SMA. Average daily volume over the last 30 days has been 2,021,314 shares.

At yesterdays close: the RSI was at 19.1, the CCI was at -221.1 and the Fast Stochastic was at 7.7. APOL closed yesterday at $31.34, on volume of 5,625,300 shares as compared to an average volume of 2,021,314 over the last 4 weeks.

Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, masterÂ’s, and doctoral levels. The company offers various degree programs in arts and sciences, business and management, criminal justice and security, education, health care, human services, nursing, psychology, and technology through its campus locations and learning centers in 40 states and the District of Columbia, and Puerto Rico, as well as through its online education delivery system. It also provides various degree programs in Chile and Mexico, and through online; financial services education programs, including Master of Science in three majors, as well as certification programs in retirement, asset management, and other financial planning areas; and training and education to professionals in the legal and finance industries through its schools in the United Kingdom and a network of offices in Europe. In addition, the company offers program development, administration, and management consulting services comprising degree program design, curriculum development, market research, student admissions, and accounting and administrative services to private colleges and universities for their working learnersÂ’ programs; and sells books and other publications. Apollo Group, Inc. was founded in 1973 and is based in Phoenix, Arizona.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.

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