TOPBUILD CORP (BLD) Stock Technical Analysis
USA - NYSE:BLD - US89055F1030 - Common Stock
Taking everything into account, BLD scores 4 out of 10 in our technical rating. In the last year, BLD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
BLD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 443.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 414.90, a Stop Loss order could be placed below this zone.
More info and screens
383.43
2 important support areas can be observed.
- A support zone ranging from 413.53 to 414.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 2 important resistance areas.
- Resistance @443.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 451.99 to 453.58. 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 | NEUTRAL | NEUTRAL | The short term trend for BLD is neutral. |
| ChartMill Relative Strength | 70.08 | POSITIVE | BLD has a high relative strength, it outperformed 70.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLD is below a declining 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) | 46.19 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests BLD has a negative trend. |
| Stochastics (14,3) | 53.03 | NEUTRAL | The Stochastics value for BLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for BLD suggests a possible start of a new trend. |
418.99
-5.42 (-1.28%)
TOPBUILD CORP / BLD FAQ
What is the technical rating for BLD stock?
ChartMill assigns a technical rating of 4 / 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 46.1905. 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 neutral.