Century Communities Inc (CCS): Price Now Near $72.71; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for CCS

At the time of this writing, CCS (Get Ratings)’s price is down $-0.2 (-0.27%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as CCS has now gone down 5 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

CCS ranks 41st in terms of today’s price percentage change out of Construction stocks.

CCS’s Technical Outlook on the Daily Chart

At the moment, CCS’s price is down $-0.3 (-0.41%) from the day prior. This is the 2nd day in a row CCS has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows CCS’s price action over the past 90 days.

CCS

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CCS: Daily RSI Analysis

  • For CCS, its RSI is now at 11.0345.
  • CCS and RSI may be exhibiting divergent trends. This may be something to monitor.

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