TOPBUILD CORP (BLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLD - US89055F1030 - Common Stock
Taking everything into account, BLD scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BLD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 452.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 433.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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383.43
We found 3 important support areas.
- A support zone ranging from 425.50 to 433.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @411.12 from a trend line in the daily time frame.
- A support zone ranging from 387.30 to 393.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 452.51 to 455.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLD is up. |
| ChartMill Relative Strength | 81.14 | POSITIVE | BLD has a high relative strength, it outperformed 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests BLD has a negative trend. |
| Stochastics (14,3) | 57.33 | NEUTRAL | The Stochastics value for BLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for BLD suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 455.15 | 425.49 | 29.66 (6.52%) | 15.35% |
| An entry @455.15. This is a Buy Stop order right above the resistance zone. | An exit @425.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 29.66 points, which is 6.52%. | When investing 15.35% 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.
435.91
-8.11 (-1.83%)
TOPBUILD CORP / BLD FAQ
What is the technical rating for BLD stock?
ChartMill assigns a technical rating of 8 / 10 to BLD.
What is the trend direction for BLD stock?
The current trend direction for TOPBUILD CORP (BLD) is Bullish.
What is the RSI signal for BLD stock?
TOPBUILD CORP (BLD) has an RSI value of 50.9747. This indicates that the stock is currently neutral.
What is the short term momentum for TOPBUILD CORP (BLD) stock?
The short term momentum for TOPBUILD CORP (BLD) is positive.
Can you provide the buy/sell signal for TOPBUILD CORP?
The buy/sell signal for TOPBUILD CORP (BLD) is buy as both the short term and long term trends are positive.