CONSTRUCTION PARTNERS INC-A (ROAD) Stock Technical Analysis
NASDAQ:ROAD - Nasdaq - US21044C1071 - Common Stock - Currency: USD
Overall ROAD gets a technical rating of 4 out of 10. Although ROAD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ROAD has a been trading in the 72.98 - 92.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ROAD is one of the better performing stocks in the Construction & Engineering industry, it outperforms 72% of 49 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ROAD is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, ROAD also shows a nice and consistent pattern of rising prices. However, ROAD's most recent performance is quite weak.
ROAD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROAD is lagging the market.
ROAD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.37
87.79
When analyzing the support we notice one important area.
- A support zone ranging from 73.10 to 73.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 79.41 to 80.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 82.47 to 83.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 85.95 to 86.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.34
Mansfield-0.07
10 Day High92
10 Day Low72.98
20 Day High92
20 Day Low72.98
52 Week High103.69
52 Week Low46.26
Performance
1 Week-6.78%
2 Weeks-13.45%
1 Month-11.47%
3 Month-26.88%
6 Month13.05%
12 Month56.52%
2 Year170.28%
3 Year173.21%
5 Year329.81%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.39
RSI(14)32.51
LBB73.72
UBB86.48
73.11
-3.8 (-4.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-4.94%
1 Week-6.78%
2 Weeks-13.45%
1 Month-11.47%
3 Month-26.88%
6 Month13.05%
12 Month56.52%
2 Year170.28%
3 Year173.21%
5 Year329.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.08
ATR(20)%5.49%
ATR Inc27.52%
Range Today4.94
ADR(20)3.84
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.34
Mansfield-0.07
10 Day High92
10 Day Low72.98
20 Day High92
20 Day Low72.98
52 Week High103.69
52 Week Low46.26
CS1 End73.1
CR1 Start79.41
Volume & EV
DER(3)0.27%
DER(5)1.22%
Volume427.80K
Volume Incr-38.15%
Vol(5)460.56K
Vol(50)570.21K