Construction Partners Inc

ROAD is in a Stage 4 decline following a decisive breakdown below the $100 support zone, with price trading below declining 9- and 21-day EMAs and major moving averages. Medium- and long-term biases are bearish, and the active Support Failure pattern suggests further downside. Execution favors sell-side participation on rallies into former support at $100–104 (now resistance) and rising EMAs, with rejection at these levels as the tactical trigger.

• ↑Revenue +28.2% YoY to $999.4M; adjusted EPS $1.08
• ↑Record backlog $3.36B secures ~80% of next-12-month revenues
• ↓Low book-to-price ratio indicates elevated valuation risk