(BECN) Beacon Roofing complete technical analysis [charts+indicators] | Buy/Sell Beacon Roofing | (BECN) share price targets
Complete technical analysis of Beacon Roofing (BECN) by charts plus indicators, forecast predictions and share price targets for Beacon Roofing (BECN)
Beacon Roofing trades in USA in Consumer Services sector.
10 day averaged volume of Beacon Roofing is 535370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 93.18 | 95.25 | 95.36 | 92.43 | 0.985 times |
| 16 Tue Apr 2024 | 94.63 | 95.48 | 95.62 | 94.21 | 0.758 times |
| 15 Mon Apr 2024 | 96.26 | 98.98 | 98.98 | 95.72 | 1.144 times |
| 12 Fri Apr 2024 | 97.14 | 96.52 | 98.46 | 96.18 | 0.865 times |
| 11 Thu Apr 2024 | 97.86 | 99.74 | 99.74 | 97.36 | 0.925 times |
| 10 Wed Apr 2024 | 99.06 | 97.87 | 100.18 | 96.84 | 1.387 times |
| 09 Tue Apr 2024 | 99.72 | 101.19 | 101.87 | 99.45 | 1.055 times |
| 08 Mon Apr 2024 | 101.26 | 102.05 | 102.67 | 101.24 | 0.594 times |
| 05 Fri Apr 2024 | 102.05 | 100.52 | 102.83 | 100.52 | 0.816 times |
| 04 Thu Apr 2024 | 100.68 | 101.55 | 102.30 | 100.10 | 1.414 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 94.8, but if it comes above 94.8, then a intra day buy could be more profitable.
If you take a sell trade below 94.8, then use 94.8 as stoploss and 91.5 as target. However if you take a buy trade in stock , then use 94.8 as stoploss and 97.47 as target.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 79.16 |
| Downside Target | 81.61 |
| Downside Target | 84.00 |
| Downside Target | 88.17 |
| Downside Target | 92.43 |
| Upside Target | 96.18 |
| Upside Target | 97.70 |
| Upside Target | 98.98 |
| Upside Target | 99.11 |
| Upside Target | 102.67 |
| Upside Target | 102.83 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 90.75 |
| Downside Intraday Target | 88.31 |
| Upside Intraday Target | 97.3 |
| Upside Intraday Target | 101.41 |
| Upside Intraday Target | 94.86 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 93.18 | 98.98 | 98.98 | 92.43 | 0.598 times |
| 12 Fri Apr 2024 | 97.14 | 102.05 | 102.67 | 96.18 | 0.776 times |
| 05 Fri Apr 2024 | 102.05 | 98.47 | 102.83 | 97.70 | 1.226 times |
| 28 Thu Mar 2024 | 98.02 | 95.57 | 99.11 | 93.55 | 0.858 times |
| 22 Fri Mar 2024 | 95.18 | 88.27 | 96.86 | 88.17 | 1.221 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Beacon Roofing (BECN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 93.18 | 98.47 | 102.83 | 92.43 | 0.632 times |
| 28 Thu Mar 2024 | 98.02 | 85.86 | 99.11 | 84.00 | 0.796 times |
| 29 Thu Feb 2024 | 85.89 | 83.35 | 90.62 | 81.81 | 0.765 times |
| 31 Wed Jan 2024 | 82.89 | 86.24 | 89.32 | 81.61 | 1.2 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Beacon Roofing (BECN)
Price action analysis of Beacon Roofing ( (BECN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Beacon Roofing ( (BECN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Beacon Roofing in short term but the sell signal is initial and weak.
Beacon Roofing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Beacon Roofing is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.22 and Beacon Roofing (BECN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Beacon Roofing (BECN) stock. Volume based technical analysis of Beacon Roofing (BECN) stock is negative.
Beacon Roofing Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Beacon Roofing ( (BECN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Beacon Roofing in short term but the sell signal is initial and weak.
Beacon Roofing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Beacon Roofing is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.22 and Beacon Roofing (BECN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Beacon Roofing (BECN) stock. Volume based technical analysis of Beacon Roofing (BECN) stock is negative.
Beacon Roofing Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.