TOPBUILD CORP (BLD) Stock Technical Analysis
NYSE:BLD - New York Stock Exchange, Inc. - US89055F1030 - Common Stock - Currency: USD
Taking everything into account, BLD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BLD is part of the Household Durables industry. There are 63 other stocks in this industry. BLD outperforms 85% of them.
BLD 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.
In the last month BLD has a been trading in the 353.35 - 421.11 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BLD is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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 present a decent entry opportunity 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
419.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 376.29 to 391.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @356.42 from a horizontal line in the daily time frame.
- Support @308.96 from a horizontal line in the daily time frame.
- Support @287.83 from a trend line in the weekly time frame.
- Support @275.93 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 415.42 to 415.42. 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 | 83.9 | POSITIVE | BLD has a high relative strength, it outperformed 83.9% 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) | 72.25 | OVERBOUGHT | The high RSI value suggests BLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.05 | POSITIVE | The MACD value suggests BLD has a positive trend. |
| Stochastics (14,3) | 87.7 | OVERBOUGHT | The high Stochastics value suggests BLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 38.32 | 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)
415.41
+2.24 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.54%
1 Week10.39%
2 Weeks8.19%
1 Month9.93%
3 Month40.69%
6 Month27.19%
12 Month11.45%
2 Year43.21%
3 Year126.06%
5 Year170.1%
10 Year1209.62%
15 YearN/A
Volatility
ATR(14)12.77
ATR(20)%2.99%
ATR Inc4.44%
Range Today9.13
ADR(20)11.44
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.9
Mansfield1.17
10 Day High421.11
10 Day Low363.1
20 Day High421.11
20 Day Low353.35
52 Week High421.11
52 Week Low266.26
CS1 End391.73
CR1 Start415.42
Volume & EV
DER(3)-0.06%
DER(5)-0.72%
Volume401.13K
Volume Incr30.88%
Vol(5)576.02K
Vol(50)451.54K