Stride, Inc. (LRN)

Stride, Inc. is trading at $78.36, down 2.90% on the session. The 50 day average sits at $81.45 and the 200 day at $85.96, which puts the stock in a downtrend. RSI is at 44.6, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $77.18 with resistance near $84.45, so that band frames the current range. Average daily movement is roughly $2.72, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 28 out of 100 combines a trend score of 7, momentum of 33 and a risk score of 56.

Stride, Inc., a technology company, provides an educational platform to deliver proprietary and third-party curriculum, software systems, and educational services in the United States. The company offers online coursework and content in software engineering, healthcare, and medical fields, as well as state customized versions of those courses, electives, and instructional supports; end-to-end platform includes single sign-on capability for content management, learning management, student information, data reporting and analytics, and various support systems that provides an educational experience for students; and stand-alone products and services which can provide curriculum and content hosting on customers' learning management systems, or integration with customers' student information systems. It also provides instructional services that includes customer support for instructional teams comprising recruitment of state-certified teachers, training in research-based online instruction methods and Stride systems, oversight and evaluation services, and ongoing professional development; training options, such as hands-on training, on-demand courses, and support materials. In addition, the company offers support services, including marketing and enrollment, supporting prospective students through the admission process, assessment management, administrative support, technology, and materials support services. The company provides its products and services through virtual schools, traditional school districts, and consumer. It serves public and private schools, school districts, and charter boards, as well as employers, government agencies, and consumers. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. The company was incorporated in 1999 and is headquartered in Reston, Virginia.