(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 2024-07-17 View latest technical analysis
10 day averaged volume of Beacon Roofing is 608230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 98.84 | 102.17 | 103.47 | 98.72 | 1.167 times |
| 16 Tue Jul 2024 | 102.47 | 98.48 | 102.54 | 97.79 | 1.62 times |
| 15 Mon Jul 2024 | 96.97 | 96.30 | 99.17 | 96.30 | 1.391 times |
| 12 Fri Jul 2024 | 97.09 | 95.96 | 98.77 | 95.63 | 1.362 times |
| 11 Thu Jul 2024 | 94.71 | 92.89 | 96.10 | 92.89 | 1.394 times |
| 10 Wed Jul 2024 | 91.06 | 89.34 | 91.17 | 89.08 | 0.771 times |
| 09 Tue Jul 2024 | 88.90 | 89.42 | 90.53 | 88.86 | 0.799 times |
| 08 Mon Jul 2024 | 89.75 | 89.09 | 90.24 | 88.89 | 0.916 times |
| 05 Fri Jul 2024 | 88.42 | 88.05 | 88.65 | 87.12 | 0.689 times |
| 03 Wed Jul 2024 | 88.17 | 88.23 | 88.99 | 87.37 | 0.529 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 96.3, but if it comes below 96.3, then a intra day sell could be more profitable.
If you take a sell trade below 96.3, then use 96.3 as stoploss and 92.11 as target. However if you take a buy trade in stock , then use 96.3 as stoploss and 101.2 as target.
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 |
| Upside Target | 99.11 |
| Upside Target | 102.83 |
| Upside Target | 103.47 |
| Upside Target | 103.54 |
| Upside Target | 103.75 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 95.6 |
| Downside Intraday Target | 92.37 |
| Upside Intraday Target | 102.77 |
| Upside Intraday Target | 106.71 |
| Upside Intraday Target | 99.54 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 98.84 | 96.30 | 103.47 | 96.30 | 0.797 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 |
| 17 Wed Jul 2024 | 98.84 | 91.37 | 103.47 | 86.57 | 0.537 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 95.08 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 95.08 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.