Technical Analysis for GVA - Granite Construction Incorporated

Grade Last Price % Change Price Change
B 60.24 -2.79% -1.73
GVA closed down 2.79 percent on Monday, July 1, 2024, on 76 percent of normal volume. It was able to find support at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
50 DMA Support Bullish 0.00%
20 DMA Support Bullish -2.79%
Pocket Pivot Bullish Swing Setup -2.79%
Volume Surge Other -2.79%
Calm After Storm Range Contraction -2.79%
Three Weeks Tight Range Contraction -2.79%
Gapped Up Strength -2.79%
20 DMA Support Bullish -1.97%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.97%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 5 hours ago
Down 3% about 5 hours ago
Down 1 ATR about 5 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 2 % about 10 hours ago

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Profile

Granite Construction Incorporated Description

Granite Construction Incorporated operates as a heavy civil contractor and a construction materials producer for public and private sector clients in the United States. The company operates in four segments: Construction, Large Project Construction, Construction Materials, and Real Estate. The Construction segment undertakes various heavy civil construction projects with focus on new construction and enhancement of streets, roads, highways, bridges, site work, and other infrastructure projects. This segment serves federal agencies, state departments of transportation, county and city public works departments, and school districts, as well as the developers and owners of industrial, commercial, and residential sites. The Large Project Construction segment focuses on large and complex infrastructure projects, including highways, mass transit facilities, bridges, tunnels, waterway locks and dams, pipelines, canals, and airport infrastructure. This segment provides bid-build, design-build, and construction management/general contractor contract services. This segment serves various state departments of transportation, local transit authorities, and federal agencies. The Construction Materials segment mines and processes aggregates; and operates plants that produce and sell construction materials to contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, and brokers. The Real Estate segment invests in a portfolio of land assets; and provides real estate services. This segment's investment portfolio consists of residential, as well as retail and office site development projects for sale to home and commercial property developers in Washington, California, and Texas. The company also performs site preparation and infrastructure services for residential development, commercial and industrial buildings, and other facilities. The company was founded in 1922 and is based in Watsonville, California.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Construction Engineering Building Engineering Real Estate Services Construction Management Real Estate Development General Contractor Contract Services Products

Is GVA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 64.9425
52 Week Low 33.5078
Average Volume 493,584
200-Day Moving Average 49.97
50-Day Moving Average 60.16
20-Day Moving Average 61.25
10-Day Moving Average 61.89
Average True Range 1.77
RSI (14) 44.44
ADX 23.39
+DI 21.57
-DI 17.27
Chandelier Exit (Long, 3 ATRs) 59.63
Chandelier Exit (Short, 3 ATRs) 63.41
Upper Bollinger Bands 63.62
Lower Bollinger Band 58.87
Percent B (%b) 0.29
BandWidth 7.75
MACD Line 0.32
MACD Signal Line 0.52
MACD Histogram -0.2002
Fundamentals Value
Market Cap 2.65 Billion
Num Shares 43.9 Million
EPS 0.85
Price-to-Earnings (P/E) Ratio 70.87
Price-to-Sales 0.62
Price-to-Book 2.20
PEG Ratio 5.56
Dividend 0.52
Dividend Yield 0.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.74
Resistance 3 (R3) 64.05 63.20 63.15
Resistance 2 (R2) 63.20 62.31 63.04 62.96
Resistance 1 (R1) 61.72 61.76 61.30 61.41 62.76
Pivot Point 60.87 60.87 60.66 60.71 60.87
Support 1 (S1) 59.39 59.98 58.97 59.08 57.72
Support 2 (S2) 58.54 59.43 58.38 57.52
Support 3 (S3) 57.06 58.54 57.33
Support 4 (S4) 56.75