ARCOSA INC (ACA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ACA - US0396531008 - Common Stock
Overall ACA gets a technical rating of 8 out of 10. Although ACA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ACA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 107.30. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
90.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 102.78 to 103.92. 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 97.45 to 99.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.12 from a trend line in the weekly time frame.
- A support zone ranging from 91.61 to 92.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 107.30 to 107.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 60.76 | NEUTRAL | ACA is not amongst the best or worst performers 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) | 69.45 | NEUTRAL | The RSI value for ACA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ACA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.93 | OVERBOUGHT | The high Stochastics value suggests ACA may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ACA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.09 | POSITIVE | The high ADX value value for ACA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 107.31 | 102.77 | 4.54 (4.23%) | 23.64% |
| An entry @107.31. This is a Buy Stop order right above the resistance zone. | An exit @102.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.54 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.64% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ACA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
107.29
+0.13 (+0.12%)
ARCOSA INC / ACA FAQ
Can you provide the ChartMill technical rating for ARCOSA INC?
ChartMill assigns a technical rating of 8 / 10 to ACA.
What is the trend direction for ACA stock?
The current trend direction for ARCOSA INC (ACA) is Bullish.
Can you provide the RSI signal for ARCOSA INC?
ARCOSA INC (ACA) has an RSI value of 69.4465. This indicates that the stock is currently neutral.
What is the MACD signal for ARCOSA INC (ACA) stock?
The MACD indicator for ARCOSA INC (ACA) has a value of 0.287096, indicating a bearish trend.
What are the support and resistance levels for ARCOSA INC (ACA) stock?
ARCOSA INC (ACA) has a support level at 103.92 and a resistance level at 107.3. Check the full technical report for our detailed analysis of ACA support and resistance levels.