CORP AMERICA AIRPORTS SA (CAAP) Technical Analysis
NYSE:CAAP • LU1756447840
Current stock price
CAAP Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to CAAP. Although CAAP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month CAAP has a been trading in the 24.04 - 29.57 range, which is quite wide. It is currently trading near the lows of this range.
- CAAP is part of the Transportation Infrastructure industry. There are 6 other stocks in this industry. CAAP outperforms 80% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, CAAP did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- CAAP 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 CAAP is lagging the market slightly.
CAAP Weekly and Daily overview Charts
CAAP Setup Rating and Analysis
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 support zone below the current price at 24.30, a Stop Loss order could be placed below this zone.
More info and screens
CAAP Support and Resistance Analysis
17.18
We found 3 important support areas.
- A support zone ranging from 24.30 to 24.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.86 from a trend line in the weekly time frame.
- Support @17.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.25 to 25.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.40 to 27.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
CAAP 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 CAAP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAAP is down. |
| ChartMill Relative Strength | 80.24 | POSITIVE | CAAP has a high relative strength, it outperformed 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAAP is below 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) | UP | POSITIVE | The current price of CAAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.99 | NEUTRAL | The RSI value for CAAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CAAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for CAAP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for CAAP suggests a possible start of a new trend. |
CAAP Chart- and CandleStick Pattern Analysis
CAAP Technicals: Chart, Performance Metrics, Trend & Indicators
25.24
+0.21 (+0.84%)
CORP AMERICA AIRPORTS SA / CAAP TA FAQ
What is the technical rating for CAAP stock?
ChartMill assigns a technical rating of 2 / 10 to CAAP.
What is the trend direction for 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 42.9906. This indicates that the stock is currently neutral.
What is the MACD signal for CAAP stock?
The MACD indicator for CORP AMERICA AIRPORTS SA (CAAP) has a value of -0.0376725, indicating a bearish trend.
What is the support and resistance level for CAAP stock?
CORP AMERICA AIRPORTS SA (CAAP) has a support level at 24.3 and a resistance level at 25.25. Check the full technical report for our detailed analysis of CAAP support and resistance levels.