TOPBUILD CORP (BLD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLD - US89055F1030 - Common Stock
We assign a technical rating of 5 out of 10 to BLD. BLD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BLD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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383.43
When analyzing the support we can see 2 important areas.
- Support @415.23 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 3 important areas.
- A resistance zone ranging from 432.32 to 435.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong resistance @443.31 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for BLD is down. |
| ChartMill Relative Strength | 83.42 | POSITIVE | BLD has a high relative strength, it outperformed 83.42% 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 | MIXED | The current price of BLD is below 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) | 43.26 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.32 | NEGATIVE | The MACD value suggests BLD has a negative trend. |
| Stochastics (14,3) | 19.25 | OVERSOLD | The low Stochastics value suggests BLD may be oversold. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for BLD suggests a weak or negative trend. |
419.03
-9.56 (-2.23%)
TOPBUILD CORP / BLD FAQ
What is the technical rating for BLD stock?
ChartMill assigns a technical rating of 5 / 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 43.2609. 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 negative.
Can you provide the buy/sell signal for TOPBUILD CORP?
The buy/sell signal for TOPBUILD CORP (BLD) is hold as the short term and long term trends are mixed.