CORP AMERICA AIRPORTS SA (CAAP) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CAAP • LU1756447840
Taking everything into account, CAAP scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CAAP did better than 91% of all other stocks.
- CAAP is part of the Transportation Infrastructure industry. There are 6 other stocks in this industry. CAAP outperforms 100% of them.
- CAAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CAAP has a been trading in the 25.16 - 30.50 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although CAAP has an excellent technical rating, it 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
17.18
4 important support areas can be observed.
- Support @26.91 from a trend line in the daily time frame.
- A support zone ranging from 25.56 to 26.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.46 from a trend line in the weekly time frame.
- Support @17.35 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CAAP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAAP is up. |
| ChartMill Relative Strength | 91.89 | POSITIVE | CAAP has a high relative strength, it outperformed 91.89% 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) | 69.3 | NEUTRAL | The RSI value for CAAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CAAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.35 | OVERBOUGHT | The high Stochastics value suggests CAAP may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for CAAP suggests some volalility. |
| Average Directional Index/ADX (14) | 40.68 | POSITIVE | The high ADX value value for CAAP suggests a strong trend. |
29.64
-0.71 (-2.34%)
CORP AMERICA AIRPORTS SA / CAAP FAQ
What is the technical rating for CAAP stock?
ChartMill assigns a technical rating of 10 / 10 to CAAP.
What is the trend direction for CAAP stock?
The current trend direction for CORP AMERICA AIRPORTS SA (CAAP) is Bullish.
What is the RSI signal for CORP AMERICA AIRPORTS SA (CAAP) stock?
CORP AMERICA AIRPORTS SA (CAAP) has an RSI value of 69.3034. 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 0.269981, indicating a bearish trend.
What is the support and resistance level for CAAP stock?
CORP AMERICA AIRPORTS SA (CAAP) has a support level at 26.91. Check the full technical report for our detailed analysis of CAAP support and resistance levels.