ROAD Technical Signal Analysis
ROAD have 1 buy signal and 2 sell signals now. The current trend is consolidation starting from 2025-03-25. The total price change during this trend is -11.50%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ROAD over last 5 trading day is $33,535,891.71
1 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.13
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-0.25
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.3
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.13
Bullish
ROAD Support and Resistance Level
The support levels for ROAD are at 71.3, 68.72, and 64.54, while the resistance levels are at 79.65, 82.23, and 86.4. With the current stock price at 71.33, it is leaning more toward the support levels.
ROAD Technical Analysis
Technical Analysis of ROAD Stock
Current Price and Trend
As of the latest data (2025-03-21), ROAD is trading at $73.83. The stock has shown a bearish trend in recent sessions, with a decline of -3.06% during regular market hours.
Key Technical Indicators
- RSI (6, 12, 14): 55.89, 51.12, 49.74 (below 70, indicating the stock is not overbought).
- Stochastic Oscillator (K, D): 84.42, 83.25 (in overbought territory, suggesting potential pullback).
- MACD: -1.09 (bearish signal line crossover).
- Bollinger Bands: The stock is trading near the lower band, indicating potential oversold conditions.
Support and Resistance Levels
- Fibonacci Resistance Levels: $75.94, $78.69.
- Fibonacci Support Levels: $67.01, $64.26.
Price Action and Volume
The stock has been forming a series of lower highs and lower lows, indicating a bearish trend. The recent volume of 932,278 shares is lower than the 50-day average, suggesting reduced conviction in the current price movement.
Recommendation
Based on the technical indicators and price action, ROAD stock is in a bearish trend. The Stochastic Oscillator is overbought, and the MACD remains negative, suggesting a potential pullback.
Sell Recommendation:
- Current Price: $73.83.
- Target Price: $67.01 (first support level).
- Stop Loss: $75.94 (first resistance level).
This recommendation is based on technical analysis and should be used in conjunction with fundamental analysis and market news.
ROAD FAQs
Which bull technical signals does ROAD have?
Which bearish technical signals does ROAD have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for ROAD stock?
Is ROAD a buy based on overall technical signals summary?
ROAD Buy or Sell
ROAD has 1 buy signals and 2 sell signals now. Overall the technical rating for ROAD is Neutral.
Neutral
Sell
2
Buy
1
ROAD Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 71.33 below the SMA_5. In the short term, the stock shows a positive trend with the 75.91 above the SMA_20. In the mid term, the stock shows a negative trend with the 72.08 below the SMA_60. In the long term, the stock shows a positive trend with the 79.08 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about ROAD's current trend?What are ROAD's key support and resistance levels?