TOPBUILD CORP (BLD) Stock Technical Analysis
USA - NYSE:BLD - US89055F1030 - Common Stock
414.2 USD
-4.69 (-1.12%)
414.2 USD
0 (0%)
Overall BLD gets a technical rating of 6 out of 10. BLD has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month BLD has a been trading in the 405.97 - 443.81 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BLD is part of the Household Durables industry. There are 63 other stocks in this industry. BLD outperforms 75% 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.
When comparing the yearly performance of all stocks, we notice that BLD is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BLD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 434.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 414.19, a Stop Loss order could be placed below this zone.
More info and screens
289.38
447.75
3 important support areas can be observed.
- A support zone ranging from 412.25 to 414.19. 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 @292.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 434.22 to 435.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 443.31 to 443.32. 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 | 73.99 | POSITIVE | BLD has a high relative strength, it outperformed 73.99% 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) | 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) | 48.71 | NEUTRAL | The RSI value for BLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.98 | NEGATIVE | The MACD value suggests BLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.17 | NEUTRAL | The Stochastics value for BLD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BLD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.25 | 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 |
|---|---|---|---|
| 419.09 | 412.24 | 6.85 (1.63%) | 25.00% |
| An entry @419.09. This is a Buy Stop order right above the 10 day moving average. | An exit @412.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.85 points, which is 1.63%. | For a 0.41% 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.
414.2
-4.69 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.12%
1 Week-0.76%
2 Weeks-4.87%
1 Month-0.45%
3 Month31.06%
6 Month38.75%
12 Month1.99%
2 Year64.63%
3 Year151.37%
5 Year142.66%
10 Year1237.42%
15 YearN/A
Volatility
ATR(14)12
ATR(20)%2.88%
ATR Inc-1.55%
Range Today10.64
ADR(20)11.22
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.99
Mansfield0.78
10 Day High435.72
10 Day Low405.97
20 Day High443.81
20 Day Low405.97
52 Week High445.74
52 Week Low266.26
CS1 End414.19
CR1 Start434.22
Volume & EV
DER(3)-0.23%
DER(5)-0.49%
Volume631.60K
Volume Incr35.69%
Vol(5)415.54K
Vol(50)374.97K