Although the indexes bottomed in early March, DeVry (NYSE:DV - News) didn't find its low until early May.

After the May low, DeVry worked on the right side of a base and began sketching a handle in late August.

The base showed decent accumulation. The Accumulation/Distribution Rating was B on the day before the breakout.

Yet DeVry had kind of an oddball profile. It had a 97 EPS Rating and an A for Sales + Profit Margin + Return On Equity.

Trade had tightened as it shaped the right side.

This was all good.

But its Relative Price Strength Rating was a miserable 17, meaning 83% of all stocks had a better price performance.

If you are committed to buying the stocks strongest in fundamentals and technicals, half a loaf won't do.

Even so, DeVry broke out Sept. 21, leaping 8% in triple volume after a government report on career schools was milder than expected.

DeVry has eased 1% since its close on the breakout day. That's better than the major indexes, which fell 2% to 4% in the same period.

The outperformance has raised DeVry's RS Rating to 47.

That's still unacceptable. But with the market in correction, DeVry has time to improve its picture.