BUILDERS FIRSTSOURCE INC (BLDR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BLDR - US12008R1077 - Common Stock
Taking everything into account, BLDR scores 2 out of 10 in our technical rating. 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.
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
113.30
3 important resistance areas can be observed.
- A resistance zone ranging from 114.45 to 116.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 135.58 to 136.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @141.63 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 | 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 | 10.57 | NEGATIVE | BLDR has a low relative strength, it was outperformed by 89.43% 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) | 56.78 | NEUTRAL | The RSI value for BLDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.22 | POSITIVE | The MACD value suggests BLDR has a positive trend. |
| Stochastics (14,3) | 90.5 | OVERBOUGHT | The high Stochastics value suggests BLDR may be overbought. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for BLDR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.36 | NEUTRAL | The ADX value for BLDR suggests a possible start of a new trend. |
114.44
+2.34 (+2.09%)
BUILDERS FIRSTSOURCE INC / BLDR FAQ
Can you provide the ChartMill technical rating for BUILDERS FIRSTSOURCE INC?
ChartMill assigns a technical rating of 2 / 10 to BLDR.
Can you provide the trend direction for BUILDERS FIRSTSOURCE INC?
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 56.7838. 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 2.22141, indicating a bullish trend.
What is the short term momentum for BUILDERS FIRSTSOURCE INC (BLDR) stock?
The short term momentum for BUILDERS FIRSTSOURCE INC (BLDR) is positive.