GRANITE CONSTRUCTION INC (GVA)
US3873281071 - Common Stock
Taking everything into account, GVA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GVA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GVA did better than 90% of all other stocks.
GVA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GVA is performing more or less in line with the market.
GVA is an average performer in the Construction & Engineering industry, it outperforms 64% of 40 stocks in the same industry.
In the last month GVA has a been trading in the 52.99 - 57.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GVA has an excellent technical rating and 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 54.31, a Stop Loss order could be placed below this zone.
More info and screens
38.01
57.94
We found 4 important support areas.
- A support zone ranging from 52.85 to 54.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.37 from a horizontal line in the daily time frame.
- Support @44.25 from a horizontal line in the daily time frame.
- Support @38.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.14 to 57.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.96
Mansfield1.35
10 Day High55.99
10 Day Low52.99
20 Day High57.27
20 Day Low52.99
52 Week High57.93
52 Week Low33.74
Performance
1 Week3.91%
2 Weeks0.34%
1 Month-2.8%
3 Month23.45%
6 Month62.04%
12 Month45.63%
2 Year87.29%
3 Year45.75%
5 Year23.7%
10 Year48.56%
15 Year40.76%
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)57.47
LBB53.08
UBB56.24
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 |
|---|---|---|---|
| 57.38 | 52.98 | 4.40 (7.67%) | 13.04% |
| An entry @57.38. This is a Buy Stop order right above the resistance zone. | An exit @52.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.40 points, which is 7.67%. | When investing 13.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GRANITE CONSTRUCTION INC
NYSE:GVA (4/26/2024, 7:04:00 PM)
After market: 55.53 0 (0%)55.53
+0.77 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.41%
1 Week3.91%
2 Weeks0.34%
1 Month-2.8%
3 Month23.45%
6 Month62.04%
12 Month45.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.36
ATR(20)%2.34%
ATR Inc
Range Today0.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High55.99
10 Day Low52.99
20 Day High57.27
20 Day Low52.99
52 Week High57.93
52 Week Low33.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume203.50K
Volume Incr-34.85%
Vol(5)221.12K
Vol(50)369.34K