TOPBUILD CORP (BLD) Stock Technical Analysis
NYSE:BLD - New York Stock Exchange, Inc. - US89055F1030 - Common Stock - Currency: USD
Taking everything into account, BLD scores 8 out of 10 in our technical rating. Although BLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
BLD is one of the better performing stocks in the Household Durables industry, it outperforms 70% of 63 stocks in the same industry.
In the last month BLD has a been trading in the 293.14 - 390.82 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.
When comparing the performance of all stocks over the past year, BLD turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
BLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BLD 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
273.17
381.65
We found 3 important support areas.
- A support zone ranging from 308.66 to 311.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @284.86 from a trend line in the weekly time frame.
- Support @275.93 from a horizontal line in the daily time frame.
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 | 54.98 | NEUTRAL | BLD is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.49 | OVERBOUGHT | The high RSI value suggests BLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.49 | POSITIVE | The MACD value suggests BLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.39 | OVERBOUGHT | The high Stochastics value suggests BLD may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 41.38 | POSITIVE | The high ADX value value for BLD suggests a strong trend. |
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)
377.87
-6.9 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.79%
1 Week8.7%
2 Weeks17.74%
1 Month24.06%
3 Month30.92%
6 Month20.55%
12 Month-12.51%
2 Year37.94%
3 Year78.48%
5 Year186.44%
10 Year1213.87%
15 YearN/A
Volatility
ATR(14)12.21
ATR(20)%3.23%
ATR Inc-0.11%
Range Today7.06
ADR(20)11.59
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.98
Mansfield0.13
10 Day High390.83
10 Day Low320
20 Day High390.83
20 Day Low293.14
52 Week High495.68
52 Week Low266.26
CS1 End311.02
CR1 StartN/A
Volume & EV
DER(3)-3.54%
DER(5)-3.56%
Volume491.40K
Volume Incr46.69%
Vol(5)649.68K
Vol(50)415.74K