(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 2024-07-23 View latest technical analysis
10 day averaged volume of Beacon Roofing is 675180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 99.71 | 98.44 | 101.35 | 98.25 | 0.959 times |
| 22 Mon Jul 2024 | 98.74 | 97.76 | 99.03 | 96.74 | 0.926 times |
| 19 Fri Jul 2024 | 96.84 | 97.93 | 98.62 | 96.43 | 0.486 times |
| 18 Thu Jul 2024 | 97.70 | 98.42 | 102.53 | 97.24 | 0.928 times |
| 17 Wed Jul 2024 | 98.84 | 102.17 | 103.47 | 98.72 | 1.051 times |
| 16 Tue Jul 2024 | 102.47 | 98.48 | 102.54 | 97.79 | 1.459 times |
| 15 Mon Jul 2024 | 96.97 | 96.30 | 99.17 | 96.30 | 1.253 times |
| 12 Fri Jul 2024 | 97.09 | 95.96 | 98.77 | 95.63 | 1.227 times |
| 11 Thu Jul 2024 | 94.71 | 92.89 | 96.10 | 92.89 | 1.256 times |
| 10 Wed Jul 2024 | 91.06 | 89.34 | 91.17 | 89.08 | 0.695 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 97.9, but if it comes below 97.9, then a intra day sell could be more profitable.
If you take a sell trade below 97.9, then use 97.9 as stoploss and 93.14 as target. However if you take a buy trade in stock , then use 97.9 as stoploss and 103.7 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 | 96.30 |
| Downside Target | 98.77 |
| Downside Target | 99.11 |
| Upside Target | 101.35 |
| 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 | 97.18 |
| Downside Intraday Target | 94.66 |
| Upside Intraday Target | 101.79 |
| Upside Intraday Target | 103.88 |
| Downside Intraday Target | 99.27 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 99.71 | 97.76 | 101.35 | 96.74 | 0.364 times |
| 19 Fri Jul 2024 | 96.84 | 96.30 | 103.47 | 96.30 | 1.096 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 |
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 |
| 23 Tue Jul 2024 | 99.71 | 91.37 | 103.47 | 86.57 | 0.686 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 97.76 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 97.76 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.