BUILDERS FIRSTSOURCE INC (BLDR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLDR - US12008R1077 - Common Stock
We assign a technical rating of 3 out of 10 to BLDR. In the past year, BLDR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of BLDR is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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105.36
When analyzing the support we notice one important area.
- A support zone ranging from 106.42 to 107.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @131.74 from a trend line in the weekly time frame.
- Resistance @138.72 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BLDR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLDR is neutral. |
| ChartMill Relative Strength | 24.48 | NEGATIVE | BLDR has a low relative strength, it was outperformed by 75.52% 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) | UP | POSITIVE | The current price of BLDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLDR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.25 | OVERBOUGHT | The high RSI value suggests BLDR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.87 | POSITIVE | The MACD value suggests BLDR has a positive trend. |
| Stochastics (14,3) | 71.61 | NEUTRAL | The Stochastics value for BLDR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for BLDR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for BLDR suggests a weak or negative trend. |
124.66
+13.37 (+12.01%)
BUILDERS FIRSTSOURCE INC / BLDR FAQ
Can you provide the ChartMill technical rating for BUILDERS FIRSTSOURCE INC?
ChartMill assigns a technical rating of 3 / 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.
Can you provide the RSI signal for BUILDERS FIRSTSOURCE INC?
BUILDERS FIRSTSOURCE INC (BLDR) has an RSI value of 70.2524. This indicates that the stock is currently overbought.
What is the MACD signal for BLDR stock?
The MACD indicator for BUILDERS FIRSTSOURCE INC (BLDR) has a value of 1.86788, indicating a bullish trend.
Can you provide the short term momentum for BUILDERS FIRSTSOURCE INC?
The short term momentum for BUILDERS FIRSTSOURCE INC (BLDR) is neutral.