(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 2024-02-28 View latest technical analysis
10 day averaged volume of Beacon Roofing is 631300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 84.25 | 86.24 | 88.53 | 83.10 | 2.967 times |
| 27 Tue Feb 2024 | 89.49 | 89.35 | 90.62 | 88.80 | 1.694 times |
| 26 Mon Feb 2024 | 88.39 | 88.16 | 88.73 | 87.64 | 1.032 times |
| 23 Fri Feb 2024 | 87.96 | 85.89 | 88.16 | 85.69 | 0.883 times |
| 22 Thu Feb 2024 | 85.89 | 86.01 | 86.82 | 85.77 | 0.883 times |
| 21 Wed Feb 2024 | 85.27 | 84.80 | 85.33 | 83.84 | 0.857 times |
| 20 Tue Feb 2024 | 84.58 | 84.56 | 85.63 | 84.13 | 1.022 times |
| 16 Fri Feb 2024 | 85.08 | 87.27 | 87.53 | 84.90 | 0.971 times |
| 15 Thu Feb 2024 | 87.59 | 87.86 | 87.91 | 86.55 | 0.66 times |
| 14 Wed Feb 2024 | 87.05 | 86.44 | 87.12 | 85.30 | 0.897 times |
Stock of Beacon Roofing (BECN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 83.7 as stoploss in an intra day buy trade for a target of 85.63. However, stock will show a bearish move below 83.7.
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 | 85.87 |
| Upside Target | 87.75 |
| Upside Target | 88.16 |
| Upside Target | 88.67 |
| Upside Target | 89.32 |
| Upside Target | 89.40 |
| Upside Target | 90.62 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 81.36 |
| Downside Intraday Target | 78.47 |
| Upside Intraday Target | 88.88 |
| Upside Intraday Target | 93.51 |
| Upside Intraday Target | 85.99 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 84.25 | 88.16 | 90.62 | 83.10 | 1.562 times |
| 23 Fri Feb 2024 | 87.96 | 84.56 | 88.16 | 83.84 | 0.762 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Beacon Roofing (BECN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 84.25 | 83.35 | 90.62 | 81.81 | 0.688 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 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Beacon Roofing in short term and the buy signal is strong.
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 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 SELL signal in short term and selling is picking up 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 86.32 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 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 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Beacon Roofing in short term and the buy signal is strong.
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 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 SELL signal in short term and selling is picking up 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 86.32 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.