TOPBUILD CORP (BLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLD - US89055F1030 - Common Stock
465.73 USD
+24.66 (+5.59%)
465.73 USD
0 (0%)
Overall BLD gets a technical rating of 9 out of 10. 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 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 86% 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 60 other stocks in this industry. BLD outperforms 88% of them.
BLD is currently making a new 52 week high. This is a strong signal. 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 414.49 - 466.92 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.
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
399.53
470.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 430.31 to 434.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 418.98 to 422.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 403.57 to 405.63. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BLD is neutral. |
| ChartMill Relative Strength | 86.15 | POSITIVE | BLD has a high relative strength, it outperformed 86.15% 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) | 62.59 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.82 | POSITIVE | The MACD value suggests BLD has a positive trend. |
| Stochastics (14,3) | 65.81 | NEUTRAL | The Stochastics value for BLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.21 | NEGATIVE | The low ADX value for BLD suggests a weak or negative 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)
465.73
+24.66 (+5.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg5.59%
1 Week7.95%
2 Weeks8.78%
1 Month5.7%
3 Month10.04%
6 Month23.25%
12 Month48.58%
2 Year26.17%
3 Year132.8%
5 Year132.92%
10 Year1639.1%
15 YearN/A
Volatility
ATR(14)13.73
ATR(20)%3%
ATR Inc116.36%
Range Today19.63
ADR(20)13.54
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.15
3 months CRS76.98
6 months CRS83.46
Mansfield1.45
10 Day High466.92
10 Day Low415
20 Day High466.92
20 Day Low414.49
52 Week High466.92
52 Week Low266.26
CS1 End434.98
CR1 StartN/A
Volume & EV
DER(3)2.03%
DER(5)2.21%
Volume954.50K
Volume Incr44.75%
Vol(5)419.82K
Vol(50)310.94K
TOPBUILD CORP / BLD FAQ
What is the technical rating for BLD stock?
ChartMill assigns a technical rating of 9 / 10 to BLD.
What is the current trend direction of TOPBUILD CORP (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 62.5913. This indicates that the stock is currently neutral.
What is the short term momentum for BLD stock?
The short term momentum for TOPBUILD CORP (BLD) is neutral.