BUILDERS FIRSTSOURCE INC (BLDR) Stock Technical Analysis
USA - NYSE:BLDR - US12008R1077 - Common Stock
142.73 USD
-3.83 (-2.61%)
141.5 USD
-1.23 (-0.86%)
We assign a technical rating of 8 out of 10 to BLDR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BLDR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
BLDR has an average volume of 2055310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BLDR turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
BLDR is part of the Building Products industry. There are 41 other stocks in this industry, BLDR did better than 60% of them.
BLDR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLDR is lagging the market.
In the last month BLDR has a been trading in the 130.35 - 151.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BLDR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 148.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.27, a Stop Loss order could be placed below this zone.
More info and screens
105.20
150.71
4 important support areas can be observed.
- A support zone ranging from 140.30 to 142.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 134.76 to 135.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 121.89 to 123.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @106.26 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 148.42 to 149.22. 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 BLDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLDR is up. |
| ChartMill Relative Strength | 44.44 | NEUTRAL | BLDR is not amongst the best or worst performers 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) | 54.07 | NEUTRAL | The RSI value for BLDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BLDR has a negative trend. |
| Stochastics (14,3) | 58.25 | NEUTRAL | The Stochastics value for BLDR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BLDR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for BLDR suggests a weak or negative 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 |
|---|---|---|---|
| 149.23 | 140.29 | 8.94 (5.99%) | 16.69% |
| An entry @149.23. This is a Buy Stop order right above the resistance zone. | An exit @140.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.94 points, which is 5.99%. | When investing 16.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
142.73
-3.83 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-2.61%
1 Week-4.34%
2 Weeks1.85%
1 Month3.32%
3 Month28.25%
6 Month13.11%
12 Month-22.13%
2 Year14.65%
3 Year142.24%
5 Year337.55%
10 Year1025.63%
15 Year6160.09%
Volatility
ATR(14)5.01
ATR(20)%3.7%
ATR Inc21.8%
Range Today3.34
ADR(20)4.79
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.44
Mansfield-1.14
10 Day High151.03
10 Day Low134.53
20 Day High151.03
20 Day Low130.35
52 Week High203.14
52 Week Low102.6
CS1 End142.27
CR1 Start148.42
Volume & EV
DER(3)2.81%
DER(5)0.31%
Volume1.24M
Volume Incr-16.34%
Vol(5)1.66M
Vol(50)2.06M