Question 1

What does the Stochastic Oscillator suggest about ROAD's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did ROAD's Momentum indicator behave recently?

Accepted Answer

ROAD saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned positive. In 74 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for ROAD?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ROAD just turned positive on August 15, 2024. Looking at past instances where ROAD's MACD turned positive, the stock continued to rise in 42 of 51 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for ROAD?

Accepted Answer

ROAD moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day price advance indicate for ROAD?

Accepted Answer

Following a +2.89% 3-day Advance, the price is estimated to grow further. Considering data from situations where ROAD advanced for three days, in 263 of 350 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for ROAD's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROAD declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

How does the Aroon Indicator reflect on ROAD's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 236 of 303 cases where ROAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ROAD Stock Construction Partners (ROAD, $53.78) price moved above its 50-day Moving Average on May 07, 2024

Momentum Indicator for ROAD turns positive, indicating new upward trend

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