Overall ROAD gets a technical rating of 10 out of 10. ROAD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although ROAD 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.
104.23
We found 3 important support areas.
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 ROAD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROAD is up. |
| ChartMill Relative Strength | 86.26 | POSITIVE | ROAD has a high relative strength, it outperformed 86.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.99 | NEUTRAL | The RSI value for ROAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.43 | POSITIVE | The MACD value suggests ROAD has a positive trend. |
| Stochastics (14,3) | 70.74 | NEUTRAL | The Stochastics value for ROAD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ROAD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for ROAD suggests a weak or negative trend. |
127.05
-0.6 (-0.47%)
ChartMill assigns a technical rating of 10 / 10 to ROAD.
The current trend direction for CONSTRUCTION PARTNERS INC-A (ROAD) is Bearish.
CONSTRUCTION PARTNERS INC-A (ROAD) has an RSI value of 65.9854. This indicates that the stock is currently neutral.
CONSTRUCTION PARTNERS INC-A (ROAD) has a support level at 116.1. Check the full technical report for our detailed analysis of ROAD support and resistance levels.