(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 2024-04-22 View latest technical analysis
10 day averaged volume of Beacon Roofing is 568750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 96.06 | 94.64 | 96.64 | 94.38 | 1.099 times |
| 19 Fri Apr 2024 | 94.56 | 93.36 | 94.82 | 93.36 | 1.165 times |
| 18 Thu Apr 2024 | 93.42 | 94.47 | 94.53 | 92.00 | 1.575 times |
| 17 Wed Apr 2024 | 93.18 | 95.25 | 95.36 | 92.43 | 0.927 times |
| 16 Tue Apr 2024 | 94.63 | 95.48 | 95.62 | 94.21 | 0.713 times |
| 15 Mon Apr 2024 | 96.26 | 98.98 | 98.98 | 95.72 | 1.077 times |
| 12 Fri Apr 2024 | 97.14 | 96.52 | 98.46 | 96.18 | 0.814 times |
| 11 Thu Apr 2024 | 97.86 | 99.74 | 99.74 | 97.36 | 0.871 times |
| 10 Wed Apr 2024 | 99.06 | 97.87 | 100.18 | 96.84 | 1.305 times |
| 09 Tue Apr 2024 | 99.72 | 101.19 | 101.87 | 99.45 | 0.993 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 94.7 as stoploss in an intra day buy trade for a target of 97.47. However, stock will show a bearish move below 94.7.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 79.16 |
| Downside Target | 81.61 |
| Downside Target | 84.00 |
| Downside Target | 89.32 |
| Upside Target | 96.64 |
| 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 | 94.75 |
| Downside Intraday Target | 93.43 |
| Upside Intraday Target | 97.01 |
| Upside Intraday Target | 97.95 |
| Downside Intraday Target | 95.69 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 96.06 | 94.64 | 96.64 | 94.38 | 0.201 times |
| 19 Fri Apr 2024 | 94.56 | 98.98 | 98.98 | 92.00 | 1.202 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 |
Price has moved up 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 |
| 22 Mon Apr 2024 | 96.06 | 98.47 | 102.83 | 92.00 | 0.817 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Beacon Roofing in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 96.12 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Beacon Roofing in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 96.12 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.