CORP AMERICA AIRPORTS SA (CAAP) Stock Technical Analysis
NYSE:CAAP - New York Stock Exchange, Inc. - LU1756447840 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CAAP. CAAP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CAAP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAAP is lagging the market slightly.
In the last month CAAP has a been trading in the 19.09 - 21.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CAAP outperforms 65% of them, which is more or less in line with the market.
CAAP is part of the Transportation Infrastructure industry. There are 6 other stocks in this industry, CAAP did better than 60% of them.
Although the technical rating is only medium, CAAP does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
15.42
22.14
We found 5 important support areas.
- Support @19.56 from a trend line in the daily time frame.
- A support zone ranging from 19.25 to 19.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.60 from a trend line in the weekly time frame.
- Support @17.35 from a horizontal line in the weekly time frame.
- Support @15.58 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 19.89 to 20.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.43 to 20.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.92 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 | NEUTRAL | NEUTRAL | The long term trend for CAAP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAAP is neutral. |
| ChartMill Relative Strength | 65.92 | NEUTRAL | CAAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CAAP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for CAAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CAAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.25 | NEUTRAL | The Stochastics value for CAAP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for CAAP suggests a weak or negative trend. |
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)
19.8
-0.26 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg-1.3%
1 Week2.59%
2 Weeks-5.22%
1 Month0.3%
3 Month8.61%
6 Month8.02%
12 Month17.44%
2 Year40.13%
3 Year275%
5 Year622.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.96%
ATR Inc5.11%
Range Today0.55
ADR(20)0.58
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.92
Mansfield-0.15
10 Day High21.2
10 Day Low19.09
20 Day High21.2
20 Day Low19.09
52 Week High22.13
52 Week Low13.97
CS1 End19.56
CR1 Start19.89
Volume & EV
DER(3)2.08%
DER(5)1.24%
Volume92.30K
Volume Incr0.41%
Vol(5)121.18K
Vol(50)142.11K