American Public Education Inc

APEI remains in a clear medium-term downtrend (Stage 4) with persistent lower highs and lower lows. Price trades below the 9-, 20-, and 50-day EMAs and the 200-day SMA, with a recent bounce rejected at the EMA confluence. Short-term timing favors selling rallies near resistance, while oversold RSI may spur only brief relief. A sustained reversal requires reclaiming and holding above key EMAs, which is not yet evident.

• ↑Q2 revenue $171.7M with EPS $0.52 vs. $0.36 estimate and net income $9.8M
• ↑Adjusted EBITDA rose 36.8% to $20.7M, marking profitable operational leverage
• ↓Stock down about 21% over past month amid integration execution worries