CORP AMERICA AIRPORTS SA (CAAP) Stock Technical Analysis
NYSE:CAAP - LU1756447840 - Common Stock
21.51 USD
-0.27 (-1.24%)
21.92 USD
+0.41 (+1.91%)
Overall CAAP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CAAP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CAAP is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, CAAP also shows a nice and consistent pattern of rising prices.
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 19.58 - 22.85 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.
CAAP is an average performer in the Transportation Infrastructure industry, it outperforms 60% of 6 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CAAP also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CAAP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.92
22.46
3 important support areas can be observed.
- A support zone ranging from 20.44 to 20.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.71 from a horizontal line in the daily time frame.
- A support zone ranging from 19.11 to 19.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.66 to 22.24. This zone is formed by a combination of multiple trend lines 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 CAAP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAAP is neutral. |
| ChartMill Relative Strength | 82.65 | POSITIVE | CAAP has a high relative strength, it outperformed 82.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAAP is above the rising 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) | 55.34 | NEUTRAL | The RSI value for CAAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CAAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.28 | NEUTRAL | The Stochastics value for CAAP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.25 | 20.43 | 1.82 (8.18%) | 12.23% |
| An entry @22.25. This is a Buy Stop order right above the resistance zone. | An exit @20.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.82 points, which is 8.18%. | For a 1.00% total portfolio risk, you can invest 12.23% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.51
-0.27 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTransportation Infrastructure
Performance
% Chg-1.24%
1 Week-0.69%
2 Weeks0.7%
1 Month10.08%
3 Month4.42%
6 Month17.54%
12 Month42.83%
2 Year52.88%
3 Year228.4%
5 Year803.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%3.46%
ATR Inc3.3%
Range Today0.44
ADR(20)0.73
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.65
Mansfield0.25
10 Day High22.85
10 Day Low20.29
20 Day High22.85
20 Day Low19.58
52 Week High22.85
52 Week Low14.12
CS1 End20.59
CR1 Start21.66
Volume & EV
DER(3)3.49%
DER(5)2.04%
Volume78.20K
Volume Incr99.08%
Vol(5)206.24K
Vol(50)121.47K