(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 2024-03-06 View latest technical analysis
10 day averaged volume of Beacon Roofing is 846330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 84.90 | 85.90 | 86.63 | 84.81 | 0.603 times |
| 05 Tue Mar 2024 | 85.19 | 85.53 | 86.81 | 84.56 | 0.818 times |
| 04 Mon Mar 2024 | 86.06 | 86.06 | 86.70 | 85.34 | 0.64 times |
| 01 Fri Mar 2024 | 85.89 | 85.86 | 86.45 | 85.07 | 0.579 times |
| 29 Thu Feb 2024 | 85.89 | 86.35 | 86.58 | 82.92 | 1.76 times |
| 28 Wed Feb 2024 | 84.25 | 86.24 | 88.53 | 83.10 | 2.213 times |
| 27 Tue Feb 2024 | 89.49 | 89.35 | 90.62 | 88.80 | 1.263 times |
| 26 Mon Feb 2024 | 88.39 | 88.16 | 88.73 | 87.64 | 0.77 times |
| 23 Fri Feb 2024 | 87.96 | 85.89 | 88.16 | 85.69 | 0.659 times |
| 22 Thu Feb 2024 | 85.89 | 86.01 | 86.82 | 85.77 | 0.658 times |
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 84.8 as stoploss in an intra day buy trade for a target of 86.18. However, stock will show a bearish move below 84.8.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 70.05 |
| Downside Target | 79.16 |
| Downside Target | 81.61 |
| Upside Target | 86.81 |
| 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 | 84.04 |
| Downside Intraday Target | 83.17 |
| Upside Intraday Target | 86.29 |
| Upside Intraday Target | 87.67 |
| Upside Intraday Target | 85.42 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 84.90 | 86.06 | 86.81 | 84.56 | 0.313 times |
| 01 Fri Mar 2024 | 85.89 | 88.16 | 90.62 | 82.92 | 2.423 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 |
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 |
| 06 Wed Mar 2024 | 84.90 | 85.86 | 86.81 | 84.56 | 0.151 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 |
| 29 Fri Dec 2023 | 87.02 | 80.54 | 89.40 | 79.16 | 2.032 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 86.21 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Beacon Roofing stock for short term is SELL. Signal strength is Strong and stock is losing 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. Bears are getting stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 86.21 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.