CALATLANTIC GROUP INC (CAA) Stock Technical Analysis
NYSE:CAA - New York Stock Exchange, Inc. - US1281951046
We assign a technical rating of 4 out of 10 to CAA. 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that CAA is one of the better performing stocks in the market, outperforming 87% of all 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 currently trading near new highs, so CAA is lagging the market.
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
34.11
55.32
4 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
53.12
+0.41 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week2.51%
2 Weeks-8.81%
1 Month-14.25%
3 Month1.55%
6 Month55.05%
12 Month55.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.3
ATR(20)%3.73%
ATR Inc-2.22%
Range Today2.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.26
Mansfield1.96
10 Day High58.74
10 Day Low50.19
20 Day High64.6
20 Day Low50.19
52 Week High64.6
52 Week Low33.56
CS1 End52.74
CR1 Start54.3
Volume & EV
DER(3)-3.93%
DER(5)-1.54%
Volume17.98M
Volume Incr213%
Vol(5)5.03M
Vol(50)1.91M