TOPBUILD CORP (BLD)

US89055F1030 - Common Stock

412.75  +3.87 (+0.95%)

Technical Rating and Analysis

8

Overall BLD 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.
When comparing the yearly performance of all stocks, we notice that BLD is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, BLD also shows a nice and consistent pattern of rising prices.
BLD is part of the Household Durables industry. There are 67 other stocks in this industry. BLD outperforms 92% of them.
BLD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLD is performing more or less in line with the market.
In the last month BLD has a been trading in the 372.51 - 452.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BLD Weekly chart
BLD Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, BLD also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 408.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

240.77

451.39

4 important support areas can be observed.

  • A support zone ranging from 396.65 to 408.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 382.07 to 384.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @256.85 from a trend line in the weekly time frame.
  • Support @243.20 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 446.92 to 446.92. 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
CRS94.05
Mansfield1.99
10 Day High423.34
10 Day Low372.51
20 Day High452.87
20 Day Low372.51
52 Week High452.87
52 Week Low199.31
Performance
1 Week4.51%
2 Weeks4.89%
1 Month-6.19%
3 Month7.18%
6 Month54.67%
12 Month90.11%
2 Year107.28%
3 Year106.45%
5 Year415.81%
10 YearN/A
15 YearN/A
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)1.07
RSI(14)50.45
LBB377.96
UBB418.61
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
423.35396.6426.71 (6.31%)15.85%
An entry @423.35. This is a Buy Stop order right above the 10 day high.An exit @396.64. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 26.71 points, which is 6.31%.When investing 15.85% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLD Daily chart

TOPBUILD CORP

NYSE:BLD (5/3/2024, 12:13:09 PM)

412.75

+3.87 (+0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.95%
1 Week4.51%
2 Weeks4.89%
1 Month-6.19%
3 Month7.18%
6 Month54.67%
12 Month90.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)16.42
ATR(20)%3.78%
ATR Inc
Range Today13.39
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 High423.34
10 Day Low372.51
20 Day High452.87
20 Day Low372.51
52 Week High452.87
52 Week Low199.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume479.01K
Volume Incr-13.05%
Vol(5)234.42K
Vol(50)278.77K