TOPBUILD CORP (BLD) Stock Technical Analysis
NYSE:BLD - US89055F1030 - Common Stock
420.76 USD
-4.7 (-1.1%)
420.76 USD
0 (0%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
BLD is part of the Household Durables industry. There are 63 other stocks in this industry. BLD outperforms 90% of them.
BLD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLD is lagging the market slightly.
BLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, BLD did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, BLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 420.75, a Stop Loss order could be placed below this zone.
More info and screens
287.17
447.75
3 important support areas can be observed.
- A support zone ranging from 416.08 to 420.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @308.96 from a horizontal line in the daily time frame.
- Support @290.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 422.23 to 425.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @434.23 from a horizontal line in the weekly time frame.
- Resistance @443.32 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 | 85.12 | POSITIVE | BLD has a high relative strength, it outperformed 85.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLD is below 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) | 56.67 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.24 | NEGATIVE | The MACD value suggests BLD has a negative trend. |
| Stochastics (14,3) | 41.73 | NEUTRAL | The Stochastics value for BLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 38.87 | 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)
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 |
|---|---|---|---|
| 425.95 | 416.07 | 9.88 (2.32%) | 25.00% |
| An entry @425.95. This is a Buy Stop order right above the resistance zone. | An exit @416.07. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.88 points, which is 2.32%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BLD. Please evaluate whether better entry and exit points can be found.
- 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.
420.76
-4.7 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.1%
1 Week-3.1%
2 Weeks-2.62%
1 Month11.82%
3 Month48.74%
6 Month37.33%
12 Month7.06%
2 Year45.05%
3 Year128.97%
5 Year173.58%
10 Year1226.48%
15 YearN/A
Volatility
ATR(14)12.71
ATR(20)%3.13%
ATR Inc-28.31%
Range Today10
ADR(20)12.55
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.12
Mansfield1.21
10 Day High442.86
10 Day Low411.24
20 Day High445.74
20 Day Low376.61
52 Week High445.74
52 Week Low266.26
CS1 End420.75
CR1 Start422.23
Volume & EV
DER(3)-1.34%
DER(5)-1.49%
Volume225.40K
Volume Incr-19.94%
Vol(5)333.86K
Vol(50)425.34K