(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 2024-07-29 View latest technical analysis
10 day averaged volume of Beacon Roofing is 659220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 100.40 | 101.75 | 102.47 | 100.31 | 0.707 times |
| 26 Fri Jul 2024 | 101.16 | 100.25 | 102.60 | 99.48 | 0.831 times |
| 25 Thu Jul 2024 | 98.35 | 96.75 | 100.32 | 96.07 | 1.054 times |
| 24 Wed Jul 2024 | 95.92 | 99.41 | 100.52 | 95.88 | 0.883 times |
| 23 Tue Jul 2024 | 99.71 | 98.44 | 101.35 | 98.25 | 0.982 times |
| 22 Mon Jul 2024 | 98.74 | 97.76 | 99.03 | 96.74 | 0.948 times |
| 19 Fri Jul 2024 | 96.84 | 97.93 | 98.62 | 96.43 | 0.498 times |
| 18 Thu Jul 2024 | 97.70 | 98.42 | 102.53 | 97.24 | 0.951 times |
| 17 Wed Jul 2024 | 98.84 | 102.17 | 103.47 | 98.72 | 1.076 times |
| 16 Tue Jul 2024 | 102.47 | 98.48 | 102.54 | 97.79 | 1.494 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 99.9, but if it comes below 99.9, then a intra day sell could be more profitable.
If you take a sell trade below 99.9, then use 99.9 as stoploss and 95.06 as target. However if you take a buy trade in stock , then use 99.9 as stoploss and 105.8 as target.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 84.00 |
| Downside Target | 86.57 |
| Downside Target | 92.00 |
| Downside Target | 95.88 |
| Downside Target | 98.77 |
| Upside Target | 102.47 |
| Upside Target | 102.60 |
| 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 | 99.65 |
| Downside Intraday Target | 98.9 |
| Upside Intraday Target | 101.81 |
| Upside Intraday Target | 103.22 |
| Upside Intraday Target | 101.06 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 100.40 | 101.75 | 102.47 | 100.31 | 0.15 times |
| 26 Fri Jul 2024 | 101.16 | 97.76 | 102.60 | 95.88 | 0.886 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 |
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 |
| 29 Mon Jul 2024 | 100.40 | 91.37 | 103.47 | 86.57 | 0.84 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 99.27 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 99.27 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.