CALATLANTIC GROUP INC (CAA) Technical Analysis
NYSE:CAA • US1281951046
Current stock price
CAA Technical Rating and Analysis
Overall CAA gets a technical rating of 4 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- CAA 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.
- CAA has an average volume of 1910680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, CAA did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- CAA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAA is lagging the market slightly.
CAA Weekly and Daily overview Charts
CAA Setup Rating and Analysis
CAA 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
CAA Support and Resistance Analysis
34.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 52.70 to 52.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.81 from a horizontal line in the daily time frame.
- Support @35.62 from a trend line in the weekly time frame.
- Support @34.45 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.30 to 54.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CAA 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 | UP | POSITIVE | The long term trend for CAA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAA is down. |
| ChartMill Relative Strength | 87.26 | POSITIVE | CAA has a high relative strength, it outperformed 87.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.76 | NEUTRAL | The RSI value for CAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests CAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.27 | OVERSOLD | The low Stochastics value suggests CAA may be oversold. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CAA suggests some volalility. |
CAA Chart- and CandleStick Pattern Analysis
CAA Technicals: Chart, Performance Metrics, Trend & Indicators
53.12
+0.41 (+0.78%)
CALATLANTIC GROUP INC / CAA TA FAQ
What is the ChartMill technical rating of CALATLANTIC GROUP INC (CAA) stock?
ChartMill assigns a technical rating of 3 / 10 to CAA.
What is the trend direction for CAA stock?
The current trend direction for CALATLANTIC GROUP INC (CAA) is Bullish.
What is the RSI signal for CAA stock?
CALATLANTIC GROUP INC (CAA) has an RSI value of 35.7637. This indicates that the stock is currently neutral.
What is the MACD signal for CAA stock?
The MACD indicator for CALATLANTIC GROUP INC (CAA) has a value of -0.855987, indicating a bearish trend.
What are the support and resistance levels for CALATLANTIC GROUP INC (CAA) stock?
CALATLANTIC GROUP INC (CAA) has a support level at 52.74 and a resistance level at 54.3. Check the full technical report for our detailed analysis of CAA support and resistance levels.