(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.
Showing technical analysis as on 2024-02-20 View latest technical analysis
10 day averaged volume of Beacon Roofing is 581130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 84.58 | 84.56 | 85.63 | 84.13 | 1.11 times |
| 16 Fri Feb 2024 | 85.08 | 87.27 | 87.53 | 84.90 | 1.055 times |
| 15 Thu Feb 2024 | 87.59 | 87.86 | 87.91 | 86.55 | 0.717 times |
| 14 Wed Feb 2024 | 87.05 | 86.44 | 87.12 | 85.30 | 0.975 times |
| 13 Tue Feb 2024 | 84.71 | 84.26 | 86.93 | 83.00 | 1.197 times |
| 12 Mon Feb 2024 | 87.02 | 87.45 | 88.67 | 86.69 | 1.254 times |
| 09 Fri Feb 2024 | 87.28 | 86.00 | 87.31 | 85.46 | 1.126 times |
| 08 Thu Feb 2024 | 86.33 | 87.75 | 87.75 | 84.86 | 0.937 times |
| 07 Wed Feb 2024 | 84.86 | 83.81 | 85.57 | 83.63 | 0.763 times |
| 06 Tue Feb 2024 | 83.45 | 82.40 | 83.68 | 82.08 | 1.07 times |
My analysis of stock is bearish for shortterm, and stock might move down till 83.2 or till 81.2. Use a stoploss of 84.77 and if the stock hits stoploss, then it can shoot up till 86.39
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 68.50 |
| Downside Target | 70.05 |
| Downside Target | 78.62 |
| Downside Target | 81.61 |
| Upside Target | 85.63 |
| Upside Target | 85.87 |
| Upside Target | 87.38 |
| Upside Target | 87.75 |
| Upside Target | 88.67 |
| Upside Target | 89.32 |
| Upside Target | 89.40 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 83.93 |
| Downside Intraday Target | 83.28 |
| Upside Intraday Target | 85.43 |
| Upside Intraday Target | 86.28 |
| Upside Intraday Target | 84.78 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 84.58 | 84.56 | 85.63 | 84.13 | 0.214 times |
| 16 Fri Feb 2024 | 85.08 | 87.45 | 88.67 | 83.00 | 1.082 times |
| 09 Fri Feb 2024 | 87.28 | 83.72 | 87.75 | 82.08 | 0.849 times |
| 02 Fri Feb 2024 | 84.38 | 84.00 | 85.87 | 81.81 | 0.656 times |
| 26 Fri Jan 2024 | 83.71 | 85.73 | 87.38 | 81.61 | 0.885 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 |
| 20 Tue Feb 2024 | 84.58 | 83.35 | 88.67 | 81.81 | 0.418 times |
| 31 Wed Jan 2024 | 82.89 | 86.24 | 89.32 | 81.61 | 1.2 times |
| 29 Fri Dec 2023 | 87.02 | 80.54 | 89.40 | 79.16 | 2.032 times |
| 30 Thu Nov 2023 | 80.36 | 71.17 | 83.48 | 70.05 | 1.229 times |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short 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 short to mid 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.
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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Beacon Roofing is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.76 and Beacon Roofing (BECN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Beacon Roofing ( (BECN) ) based on a short 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 short to mid 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.
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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Beacon Roofing is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.76 and Beacon Roofing (BECN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.