BEACON ROOFING SUPPLY INC (BECN) Stock Technical Analysis
NASDAQ:BECN - Nasdaq - US0736851090 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BECN. Both in the recent history as in the last year, BECN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BECN did better than 84% of all other stocks.
BECN is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry. BECN outperforms 85% of them.
BECN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BECN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month BECN has a been trading in a tight range between 115.65 and 121.42.
Although BECN has an excellent technical rating, it does not offer a high quality setup 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
121.71
When analyzing the support we can see 5 important areas.
- A support zone ranging from 108.37 to 111.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @90.23 from a trend line in the weekly time frame.
- Support @83.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 118.91 to 120.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.83
Mansfield1.1
10 Day High121.16
10 Day Low116.19
20 Day High121.42
20 Day Low115.65
52 Week High121.42
52 Week Low77.54
Performance
1 Week-2.16%
2 Weeks-3.2%
1 Month0.09%
3 Month3.98%
6 Month28.74%
12 Month32.61%
2 Year79.45%
3 Year95.41%
5 Year292.73%
10 Year288.54%
15 Year570.35%
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)-0.66
RSI(14)50.61
LBB117.1
UBB120.77
116.64
-2.93 (-2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.45%
1 Week-2.16%
2 Weeks-3.2%
1 Month0.09%
3 Month3.98%
6 Month28.74%
12 Month32.61%
2 Year79.45%
3 Year95.41%
5 Year292.73%
10 Year288.54%
15 Year570.35%
Volatility
ATR(14)1.89
ATR(20)%1.67%
ATR Inc74.19%
Range Today4.29
ADR(20)1.88
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.83
Mansfield1.1
10 Day High121.16
10 Day Low116.19
20 Day High121.42
20 Day Low115.65
52 Week High121.42
52 Week Low77.54
CS1 End111.52
CR1 Start118.91
Volume & EV
DER(3)0.63%
DER(5)-0.06%
Volume1.03M
Volume Incr-34.92%
Vol(5)666.96K
Vol(50)854.38K