CONSTRUCTION PARTNERS INC-A (ROAD)
US21044C1071 - Common Stock
We assign a technical rating of 8 out of 10 to ROAD. In the last year, ROAD was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ROAD has a been trading in the 49.16 - 58.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that ROAD is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ROAD over the past year are nicely spread over this period.
ROAD is one of the better performing stocks in the Construction & Engineering industry, it outperforms 80% of 41 stocks in the same industry.
ROAD 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 ROAD is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although ROAD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.54
50.53
4 important support areas can be observed.
- A support zone ranging from 50.02 to 50.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.19 to 48.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.45 from a trend line in the daily time frame.
- Support @31.86 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.52
Mansfield1.86
10 Day High58.46
10 Day Low49.16
20 Day High58.65
20 Day Low49.16
52 Week High58.65
52 Week Low24.2
Performance
1 Week-10.2%
2 Weeks-12.95%
1 Month-7.28%
3 Month17.55%
6 Month31.04%
12 Month94.9%
2 Year93.84%
3 Year57.67%
5 Year281.91%
10 YearN/A
15 YearN/A
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)-1.01
RSI(14)34.82
LBB50.61
UBB59.93
CONSTRUCTION PARTNERS INC-A
NASDAQ:ROAD (4/19/2024, 7:14:00 PM)
After market: 50.03 0 (0%)50.03
-1.28 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.49%
1 Week-10.2%
2 Weeks-12.95%
1 Month-7.28%
3 Month17.55%
6 Month31.04%
12 Month94.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.95
ATR(20)%3.79%
ATR Inc
Range Today2.04
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 High58.46
10 Day Low49.16
20 Day High58.65
20 Day Low49.16
52 Week High58.65
52 Week Low24.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume614.60K
Volume Incr-1.56%
Vol(5)438.32K
Vol(50)394.75K