GRANITE CONSTRUCTION INC (GVA) Technical Analysis
NYSE:GVA • US3873281071
Current stock price
124.78 USD
-0.99 (-0.79%)
At close:
124.78 USD
0 (0%)
After Hours:
GVA Technical Rating and Analysis
Taking everything into account, GVA scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that GVA is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by GVA over the past year are nicely spread over this period.
- GVA 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 GVA is lagging the market slightly.
- In the last month GVA has a been trading in the 117.02 - 129.01 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.
- GVA is part of the Construction & Engineering industry. There are 55 other stocks in this industry, GVA did better than 57% of them.
GVA Weekly and Daily overview Charts
GVA Setup Rating and Analysis
Besides having an excellent technical rating, GVA also presents 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 124.01, a Stop Loss order could be placed below this zone.
More info and screens
GVA Support and Resistance Analysis
107.87
137.56
We found 4 important support areas.
- A support zone ranging from 119.38 to 124.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.19 to 116.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.79 from a horizontal line in the daily time frame.
- A support zone ranging from 108.96 to 109.61. 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 135.80 to 136.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
GVA 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 | UP | POSITIVE | The long term trend for GVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GVA is neutral. |
| ChartMill Relative Strength | 83.85 | POSITIVE | GVA has a high relative strength, it outperformed 83.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.3 | NEUTRAL | The RSI value for GVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GVA has a positive trend. |
| Stochastics (14,3) | 56.09 | NEUTRAL | The Stochastics value for GVA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GVA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.98 | NEGATIVE | The low ADX value for GVA suggests a weak or negative trend. |
GVA Chart- and CandleStick Pattern Analysis
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)
GVA Example Setup
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 |
|---|---|---|---|
| 127.39 | 120.01 | 7.38 (5.79%) | 17.26% |
| An entry @127.39. This is a Buy Stop order right above the 10 day high. | An exit @120.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.38 points, which is 5.79%. | For a 1.00% total portfolio risk, you can invest 17.26% 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.
GVA Technicals: Chart, Performance Metrics, Trend & Indicators
124.78
-0.99 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.79%
1 Week0.69%
2 Weeks-1.73%
1 Month7.12%
3 Month3.35%
6 Month21.25%
12 Month53.76%
2 Year124.83%
3 Year227.25%
5 Year227.51%
10 Year179.84%
15 Year359.09%
Volatility
ATR(14)2.8
ATR(20)%2.58%
ATR Inc-8.85%
Range Today2.31
ADR(20)2.98
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.85
3 months CRS69.85
6 months CRS85.11
Mansfield0.57
10 Day High127.38
10 Day Low120.02
20 Day High129.01
20 Day Low117.02
52 Week High137.24
52 Week Low80.41
CS1 End124.01
CR1 Start135.8
Volume & EV
DER(3)1.36%
DER(5)2.47%
Volume354.70K
Volume Incr-7%
Vol(5)463.06K
Vol(50)586.35K
GRANITE CONSTRUCTION INC / GVA TA FAQ
What is the technical rating for GVA stock?
ChartMill assigns a technical rating of 8 / 10 to GVA.
Can you provide the trend direction for GRANITE CONSTRUCTION INC?
The current trend direction for GRANITE CONSTRUCTION INC (GVA) is Bullish.
What is the RSI signal for GVA stock?
GRANITE CONSTRUCTION INC (GVA) has an RSI value of 52.3027. This indicates that the stock is currently neutral.
What is the short term momentum for GRANITE CONSTRUCTION INC (GVA) stock?
The short term momentum for GRANITE CONSTRUCTION INC (GVA) is neutral.