(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 2024-07-16 View latest technical analysis
10 day averaged volume of Beacon Roofing is 561720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 102.47 | 98.48 | 102.54 | 97.79 | 1.754 times |
| 15 Mon Jul 2024 | 96.97 | 96.30 | 99.17 | 96.30 | 1.506 times |
| 12 Fri Jul 2024 | 97.09 | 95.96 | 98.77 | 95.63 | 1.474 times |
| 11 Thu Jul 2024 | 94.71 | 92.89 | 96.10 | 92.89 | 1.509 times |
| 10 Wed Jul 2024 | 91.06 | 89.34 | 91.17 | 89.08 | 0.835 times |
| 09 Tue Jul 2024 | 88.90 | 89.42 | 90.53 | 88.86 | 0.865 times |
| 08 Mon Jul 2024 | 89.75 | 89.09 | 90.24 | 88.89 | 0.992 times |
| 05 Fri Jul 2024 | 88.42 | 88.05 | 88.65 | 87.12 | 0.746 times |
| 03 Wed Jul 2024 | 88.17 | 88.23 | 88.99 | 87.37 | 0.573 times |
| 03 Wed Jul 2024 | 88.17 | 88.23 | 88.99 | 87.37 | 0.573 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 100.8, for a target of 96 or 92.01
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 84.00 |
| Downside Target | 86.57 |
| Downside Target | 91.83 |
| Downside Target | 94.79 |
| Downside Target | 96.30 |
| Downside Target | 98.77 |
| Downside Target | 99.11 |
| Upside Target | 102.54 |
| Upside Target | 102.83 |
| Upside Target | 103.54 |
| Upside Target | 103.75 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 98.33 |
| Downside Intraday Target | 94.2 |
| Upside Intraday Target | 104.57 |
| Upside Intraday Target | 106.68 |
| Downside Intraday Target | 100.44 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 102.47 | 96.30 | 102.54 | 96.30 | 0.574 times |
| 12 Fri Jul 2024 | 97.09 | 89.09 | 98.77 | 88.86 | 4.304 times |
| 05 Fri Jul 2024 | 88.42 | 88.23 | 88.99 | 87.12 | 0.485 times |
| 03 Wed Jul 2024 | 88.17 | 91.37 | 91.83 | 86.57 | 0.302 times |
| 28 Fri Jun 2024 | 90.50 | 94.07 | 94.79 | 88.55 | 2.404 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 |
| 16 Tue Jul 2024 | 102.47 | 91.37 | 102.54 | 86.57 | 0.489 times |
| 28 Fri Jun 2024 | 90.50 | 97.94 | 103.54 | 88.55 | 1.108 times |
| 31 Fri May 2024 | 97.06 | 98.03 | 103.75 | 92.16 | 1.001 times |
| 30 Tue Apr 2024 | 98.53 | 98.47 | 102.83 | 92.00 | 1.137 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Beacon Roofing in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Beacon Roofing Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 94.28 and Beacon Roofing (BECN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Beacon Roofing in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Beacon Roofing Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 94.28 and Beacon Roofing (BECN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.