CONSTRUCTION PARTNERS INC-A (ROAD) Stock Technical Analysis
NASDAQ:ROAD - US21044C1071 - Common Stock
122.66 USD
+0.2 (+0.16%)
We assign a technical rating of 10 out of 10 to ROAD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ROAD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ROAD did better than 92% of all other stocks. We also observe that the gains produced by ROAD over the past year are nicely spread over this period.
ROAD is part of the Construction & Engineering industry. There are 52 other stocks in this industry. ROAD outperforms 82% of them.
ROAD 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 ROAD has a been trading in the 106.01 - 124.12 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
ROAD 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 120.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
77.96
123.90
5 important support areas can be observed.
- A support zone ranging from 119.40 to 120.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.86 to 117.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @104.21 from a trend line in the weekly time frame.
- Support @99.89 from a trend line in the daily time frame.
- Support @78.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.67 to 122.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ROAD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROAD is up. |
| ChartMill Relative Strength | 92.58 | POSITIVE | ROAD has a high relative strength, it outperformed 92.58% 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) | 62.79 | NEUTRAL | The RSI value for ROAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ROAD has a positive trend. |
| Stochastics (14,3) | 89.29 | OVERBOUGHT | The high Stochastics value suggests ROAD may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ROAD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for ROAD suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 122.68 | 119.39 | 3.29 (2.68%) | 25.00% |
| An entry @122.68. This is a Buy Stop order right above the resistance zone. | An exit @119.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.29 points, which is 2.68%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ROAD. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:ROAD (9/8/2025, 12:20:29 PM)
122.66
+0.2 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.16%
1 Week2.3%
2 Weeks1.71%
1 Month9.3%
3 Month18.32%
6 Month71.36%
12 Month88.45%
2 Year235.5%
3 Year367.63%
5 Year573.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.16
ATR(20)%3.58%
ATR Inc-6.17%
Range Today1.48
ADR(20)4.24
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.58
Mansfield2.32
10 Day High124.12
10 Day Low115
20 Day High124.12
20 Day Low106.01
52 Week High124.12
52 Week Low64.52
CS1 End120.68
CR1 Start122.67
Volume & EV
DER(3)0.58%
DER(5)1.48%
Volume90.69K
Volume Incr-47.68%
Vol(5)335.80K
Vol(50)553.10K