BEACON ROOFING SUPPLY INC (BECN)

US0736851090 - Common Stock

95.89  -1.63 (-1.67%)

After market: 95.89 0 (0%)

Technical Rating and Analysis

8

Overall BECN gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BECN did better than 91% of all other stocks.
BECN is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 84% of 52 stocks in the same industry.
A new 52 week high is currently being made by BECN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BECN is leading the market.
In the last month BECN has a been trading in the 92.00 - 103.75 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.
Weekly and Daily overview Charts
BECN Weekly chart
BECN Daily chart
Setup Rating and Analysis

4

BECN has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

79.14

103.07

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 92.66 to 93.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 82.16 to 83.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @79.94 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 96.33 to 97.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 102.05 to 102.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.29
Mansfield0.57
10 Day High103.75
10 Day Low94.38
20 Day High103.75
20 Day Low92
52 Week High103.75
52 Week Low57.88
Performance
1 Week-3.14%
2 Weeks1.41%
1 Month-6.04%
3 Month13.64%
6 Month29.01%
12 Month62.5%
2 Year56.15%
3 Year69.3%
5 Year177.46%
10 Year177.94%
15 Year561.31%
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)-0.31
RSI(14)48.53
LBB92.77
UBB100.24
BECN Daily chart

BEACON ROOFING SUPPLY INC

NASDAQ:BECN (5/3/2024, 7:00:01 PM)

After market: 95.89 0 (0%)

95.89

-1.63 (-1.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.67%
1 Week-3.14%
2 Weeks1.41%
1 Month-6.04%
3 Month13.64%
6 Month29.01%
12 Month62.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.6
ATR(20)%2.69%
ATR Inc
Range Today8.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High103.75
10 Day Low94.38
20 Day High103.75
20 Day Low92
52 Week High103.75
52 Week Low57.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr63.8%
Vol(5)947.72K
Vol(50)675.20K