ARCOSA INC (ACA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ACA - US0396531008 - Common Stock
Overall ACA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by ACA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ACA has a been trading in the 105.77 - 118.83 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ACA did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- ACA is an average performer in the Construction & Engineering industry, it outperforms 66% of 55 stocks in the same industry.
Although ACA has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 110.98 to 111.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 106.32 to 108.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 98.19 to 98.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.84 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 | UP | POSITIVE | The long term trend for ACA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACA is up. |
| ChartMill Relative Strength | 81.82 | POSITIVE | ACA has a high relative strength, it outperformed 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACA is above the rising 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) | 65.3 | NEUTRAL | The RSI value for ACA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests ACA has a positive trend. |
| Stochastics (14,3) | 83.46 | OVERBOUGHT | The high Stochastics value suggests ACA may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ACA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for ACA suggests a strong trend. |
116.67
-0.64 (-0.55%)
ARCOSA INC / ACA FAQ
Can you provide the ChartMill technical rating for ARCOSA INC?
ChartMill assigns a technical rating of 9 / 10 to ACA.
Can you provide the trend direction for ARCOSA INC?
The current trend direction for ARCOSA INC (ACA) is Bullish.
What is the RSI signal for ARCOSA INC (ACA) stock?
ARCOSA INC (ACA) has an RSI value of 65.296. 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 positive.
Can you provide the support and resistance levels for ARCOSA INC?
ARCOSA INC (ACA) has a support level at 111.01. Check the full technical report for our detailed analysis of ACA support and resistance levels.