As of March 24, 2026, PRDO (Perdoceo Education Corporation) is in a uptrend state on the monthly chart, with a confidence level of 72%. Key support is at $32.0 and key resistance at $37.8. Monthly uptrend intact; price $35.83 rebounded after a pullback and is pushing back toward prior highs with RSI ~63.
Bullish continuation (Elliott: likely Wave 5 extension or final leg of an impulse) with a brief consolidation/retest, then a breakout to new highs; Fibonacci from the latest swing low to swing high implies a common shallow pullback holds above the 0.382–0.5 zone before continuation.
Deeper monthly pullback (Elliott: Wave 4/ABC correction) to reset momentum toward the rising EMA50 area; if buyers defend that zone, trend resumes later, but this path delays the breakout.
Monthly close above $37.80
Monthly close below $32.00
Start near prior breakout/HL support ($32) and fib-retest zone; add on deeper correction toward prior demand ($29–$31); heavy add aligns with rising EMA50 (~$23) and former base/MA confluence.
Trim into upside extensions above prior highs where price becomes increasingly stretched versus EMA50/100; progressively de-risk as distance from EMA50 widens and wave-cycle risk rises.
As of March 24, 2026, PRDO (Perdoceo Education Corporation) is in a uptrend state on the monthly chart with 72% confidence. Monthly uptrend intact; price $35.83 rebounded after a pullback and is pushing back toward prior highs with RSI ~63.
On the monthly timeframe, PRDO has key support at $32.0 and key resistance at $37.8. The most likely scenario (bullish) targets $37.8 and $41.5, with a revert level at $33.8.
PRDO (Perdoceo Education Corporation) is currently classified as uptrend on the monthly chart, with 72% confidence. Confirmation requires: Monthly close above $37.80 This would be invalidated by: Monthly close below $32.00
The most likely scenario (bullish) targets $37.8 and $41.5, with a revert level at $33.8. The alternative scenario (bearish) targets $30.0 and $26.0.
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