ACA Technical Analysis - ARCOSA INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to ACA. ACA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, ACA is a bad performer in the overall market: 69% of all stocks are doing better.

In the last month ACA has a been trading in the 89.03 - 97.56 range, which is quite wide. It is currently trading near the lows of this range.

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 54 other stocks in this industry, ACA did better than 45% 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ACA has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

82.82

101.76

When analyzing the support we notice one important area.

A support zone ranging from 83.66 to 84.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

Resistance @89.64 from a trend line in the daily time frame.
A resistance zone ranging from 91.88 to 94.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 97.30 to 100.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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	31.91	NEUTRAL	ACA is not amongst the best or worst performers 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)	UP	MIXED	The current price of ACA is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ACA is below a declining SMA(200).
Relative Strength Index/RSI (14)	37.03	NEUTRAL	The RSI value for ACA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.37	NEGATIVE	The MACD value suggests ACA has a negative trend.
Stochastics (14,3)	17.45	OVERSOLD	The low Stochastics value suggests ACA may be oversold.
Average True Range in percent/ATR (20)	2.55	MEDIUM VOLATILITY	The ATR as a percentage value for ACA suggests some volalility.
Average Directional Index/ADX (14)	15.43	NEGATIVE	The low ADX value for ACA suggests a weak or negative trend.