BUILDERS FIRSTSOURCE INC (BLDR) Technical Analysis
NYSE:BLDR • US12008R1077
Current stock price
BLDR Technical Rating and Analysis
Overall BLDR gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BLDR was also a bad performer in the overall market in the last year.
- 89% of all other stocks performed better in the past year than BLDR.
- BLDR is part of the Building Products industry. There are 41 other stocks in this industry, of which 80% are performing better than BLDR.
- BLDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- BLDR 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.
- BLDR has an average volume of 2329510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BLDR Weekly and Daily overview Charts
BLDR Setup Rating and Analysis
The technical rating of BLDR is bad and it also does not present a 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
BLDR Support and Resistance Analysis
78.06
2 important support areas can be observed.
- Support @86.42 from a trend line in the daily time frame.
- A support zone ranging from 78.85 to 79.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 90.05 to 92.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @110.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 117.18 to 118.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @129.54 from a horizontal line in the daily time frame.
BLDR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BLDR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLDR is up. |
| ChartMill Relative Strength | 11.61 | NEGATIVE | BLDR has a low relative strength, it was outperformed by 88.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for BLDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.41 | POSITIVE | The MACD value suggests BLDR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.46 | NEUTRAL | The Stochastics value for BLDR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BLDR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.97 | NEUTRAL | The ADX value for BLDR suggests a possible start of a new trend. |
BLDR Chart- and CandleStick Pattern Analysis
BLDR Technicals: Chart, Performance Metrics, Trend & Indicators
90.04
-0.1 (-0.11%)
BUILDERS FIRSTSOURCE INC / BLDR TA FAQ
Can you provide the ChartMill technical rating for BUILDERS FIRSTSOURCE INC?
ChartMill assigns a technical rating of 2 / 10 to BLDR.
What is the current trend direction of BUILDERS FIRSTSOURCE INC (BLDR) stock?
The current trend direction for BUILDERS FIRSTSOURCE INC (BLDR) is Bearish.
What is the RSI signal for BLDR stock?
BUILDERS FIRSTSOURCE INC (BLDR) has an RSI value of 53.4697. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BUILDERS FIRSTSOURCE INC?
The MACD indicator for BUILDERS FIRSTSOURCE INC (BLDR) has a value of 1.40962, indicating a bullish trend.
What is the support and resistance level for BLDR stock?
BUILDERS FIRSTSOURCE INC (BLDR) has a support level at 86.42 and a resistance level at 90.05. Check the full technical report for our detailed analysis of BLDR support and resistance levels.