ARCOSA INC (ACA) Technical Analysis
NYSE:ACA • US0396531008
Taking everything into account, ACA scores 3 out of 10 in our technical rating. Although ACA 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.
- ACA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, ACA did better than 77% of all other stocks. We also observe that the gains produced by ACA over the past year are nicely spread over this period.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ACA is part of the Construction & Engineering industry. There are 56 other stocks in this industry, ACA did better than 52% of them.
- ACA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACA is lagging the market.
The technical rating of ACA is bad and it also does not present a 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
90.92
We found 3 important support areas.
- A support zone ranging from 107.48 to 108.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @102.81 from a trend line in the weekly time frame.
- Support @91.84 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 108.83 to 109.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 112.56 to 113.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @128.17 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ACA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACA is down. |
| ChartMill Relative Strength | 77.01 | POSITIVE | ACA has a high relative strength, it outperformed 77.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.06 | NEUTRAL | The RSI value for ACA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.82 | NEGATIVE | The MACD value suggests ACA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.66 | NEUTRAL | The Stochastics value for ACA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ACA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.9 | POSITIVE | The high ADX value value for ACA suggests a strong trend. |
ACA Technicals: Chart, Performance Metrics, Trend & Indicators
108.24
-1.69 (-1.54%)
ARCOSA INC / ACA FAQ
Can you provide the ChartMill technical rating for ARCOSA INC?
ChartMill assigns a technical rating of 3 / 10 to ACA.
Can you provide the trend direction for ARCOSA INC?
The current trend direction for ARCOSA INC (ACA) is Bearish.
What is the RSI signal for ARCOSA INC (ACA) stock?
ARCOSA INC (ACA) has an RSI value of 37.0623. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARCOSA INC?
The short term momentum for ARCOSA INC (ACA) is negative.
Can you provide the support and resistance levels for ARCOSA INC?
ARCOSA INC (ACA) has a support level at 108.2 and a resistance level at 108.83. Check the full technical report for our detailed analysis of ACA support and resistance levels.