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(ROAD) Construction Partners complete technical analysis [charts+indicators] | Buy/Sell Construction Partners | (ROAD) share price targets

Complete technical analysis of Construction Partners (ROAD) by charts plus indicators, forecast predictions and share price targets for Construction Partners (ROAD)

Construction Partners trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Construction Partners is 342050

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	53.57	54.10	54.59	53.25	0.932 times
06 Thu Jun 2024	54.40	56.12	56.47	54.17	1.032 times
05 Wed Jun 2024	56.44	55.71	56.76	54.78	0.854 times
04 Tue Jun 2024	55.47	56.93	56.93	54.51	0.962 times
03 Mon Jun 2024	57.38	59.33	59.60	56.32	1.147 times
31 Fri May 2024	58.21	59.92	60.21	57.10	0.766 times
30 Thu May 2024	59.87	59.84	60.29	59.50	0.62 times
29 Wed May 2024	59.48	60.01	60.63	59.05	0.818 times
28 Tue May 2024	60.78	61.92	62.35	60.13	0.914 times
23 Thu May 2024	58.51	59.48	59.84	57.87	1.05 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.7, but if it comes above 54.7, then a intra day buy could be more profitable.
If you take a sell trade below 54.7, then use 54.7 as stoploss and 52.2 as target. However if you take a buy trade in stock , then use 54.7 as stoploss and 56.73 as target.

Share price targets for Construction Partners (ROAD)

Target Type	Value
Downside Target	44.77
Downside Target	47.78
Downside Target	49.16
Downside Target	50.42
Downside Target	51.82
Downside Target	53.25
Upside Target	54.44
Upside Target	57.10
Upside Target	58.65
Upside Target	59.60
Upside Target	59.84
Upside Target	62.35

Intraday share price targets for Construction Partners (ROAD)

Target Type	Value
Downside Intraday Target	51.35
Downside Intraday Target	49.12
Upside Intraday Target	57.7
Upside Intraday Target	61.82
Upside Intraday Target	55.47

Weekly technical analysis of Construction Partners (ROAD)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	53.57	59.33	59.60	53.25	1.58 times
31 Fri May 2024	58.21	61.92	62.35	57.10	0.609 times
23 Thu May 2024	58.51	55.53	59.84	55.29	0.792 times
17 Fri May 2024	55.44	56.00	57.59	54.44	0.894 times
10 Fri May 2024	55.44	52.10	57.42	51.82	1.216 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Construction Partners (ROAD)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	53.57	59.33	59.60	53.25	0.188 times
31 Fri May 2024	58.21	51.76	62.35	50.42	1.113 times
30 Tue Apr 2024	51.64	56.23	58.65	49.16	1.04 times
28 Thu Mar 2024	56.15	48.02	57.50	47.78	0.962 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Construction Partners (ROAD)

Price action analysis of Construction Partners ( (ROAD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Construction Partners ( (ROAD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Construction Partners ( (ROAD) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Construction Partners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Construction Partners in short term but the sell signal is initial and weak.

Construction Partners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Construction Partners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Construction Partners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.26 and Construction Partners (ROAD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Construction Partners (ROAD) stock. Volume based technical analysis of Construction Partners (ROAD) stock is negative.

Construction Partners Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.