CORP AMERICA AIRPORTS SA (CAAP) Stock Technical Analysis
USA - NYSE:CAAP - LU1756447840 - Common Stock
Taking everything into account, CAAP scores 0 out of 10 in our technical rating. CAAP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CAAP has a bad technical rating, but it does show 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 18.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.03, a Stop Loss order could be placed below this zone.
More info and screens
17.18
2 important support areas can be observed.
- A support zone ranging from 17.65 to 18.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.35 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.45 to 18.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.08 to 19.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.46 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CAAP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAAP is neutral. |
| ChartMill Relative Strength | 23.84 | NEGATIVE | CAAP has a low relative strength, it was outperformed by 76.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CAAP is above a declining 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) | DOWN | NEGATIVE | The current price of CAAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.38 | NEUTRAL | The RSI value for CAAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CAAP has a positive trend. |
| Stochastics (14,3) | 75.85 | NEUTRAL | The Stochastics value for CAAP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for CAAP suggests a weak or negative trend. |
18.44
+0.17 (+0.93%)
CORP AMERICA AIRPORTS SA / CAAP FAQ
What is the technical rating for CAAP stock?
ChartMill assigns a technical rating of 0 / 10 to CAAP.
What is the current trend direction of CORP AMERICA AIRPORTS SA (CAAP) stock?
The current trend direction for CORP AMERICA AIRPORTS SA (CAAP) is Bearish.
What is the RSI signal for CORP AMERICA AIRPORTS SA (CAAP) stock?
CORP AMERICA AIRPORTS SA (CAAP) has an RSI value of 51.3772. This indicates that the stock is currently neutral.
What are the support and resistance levels for CORP AMERICA AIRPORTS SA (CAAP) stock?
CORP AMERICA AIRPORTS SA (CAAP) has a support level at 18.03 and a resistance level at 18.45. Check the full technical report for our detailed analysis of CAAP support and resistance levels.