BEACON ROOFING SUPPLY INC (BECN) Stock Technical Analysis
NASDAQ:BECN - Nasdaq - US0736851090 - Common Stock
Overall BECN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BECN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BECN is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, BECN also shows a nice and consistent pattern of rising prices.
BECN is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 85% of 48 stocks in the same industry.
BECN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BECN is lagging the market slightly.
In the last month BECN has a been trading in the 98.49 - 121.22 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BECN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.87
117.21
When analyzing the support we can see 6 important areas.
- A support zone ranging from 105.00 to 106.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.82 from a trend line in the daily time frame.
- A support zone ranging from 98.75 to 100.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.83 from a horizontal line in the daily time frame.
- Support @88.79 from a trend line in the weekly time frame.
- Support @83.71 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.11
Mansfield1.11
10 Day High121.22
10 Day Low100.22
20 Day High121.22
20 Day Low98.49
52 Week High121.22
52 Week Low77.54
Performance
1 Week10.06%
2 Weeks13.11%
1 Month14.44%
3 Month24.3%
6 Month14.72%
12 Month38.63%
2 Year104.03%
3 Year111.5%
5 Year250.5%
10 Year389.87%
15 Year590.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.74
RSI(14)69.15
LBB93.96
UBB119.2
BEACON ROOFING SUPPLY INC
NASDAQ:BECN (1/21/2025, 8:00:00 PM)
After market: 116.05 0 (0%)116.05
+0.13 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.11%
1 Week10.06%
2 Weeks13.11%
1 Month14.44%
3 Month24.3%
6 Month14.72%
12 Month38.63%
2 Year104.03%
3 Year111.5%
5 Year250.5%
10 Year389.87%
15 Year590.77%
Volatility
ATR(14)3.64
ATR(20)%2.81%
ATR Inc-32.92%
Range Today2.46
ADR(20)2.71
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.11
Mansfield1.11
10 Day High121.22
10 Day Low100.22
20 Day High121.22
20 Day Low98.49
52 Week High121.22
52 Week Low77.54
CS1 End106.69
CR1 StartN/A
Volume & EV
DER(3)-0.21%
DER(5)-1.86%
Volume928.00K
Volume Incr315.14%
Vol(5)2.21M
Vol(50)828.63K