(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 2024-08-12 View latest technical analysis
10 day averaged volume of Beacon Roofing is 1284410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 83.59 | 85.46 | 85.73 | 83.11 | 0.515 times |
| 09 Fri Aug 2024 | 85.93 | 84.58 | 86.22 | 83.77 | 0.88 times |
| 08 Thu Aug 2024 | 83.45 | 82.87 | 84.73 | 82.15 | 0.57 times |
| 07 Wed Aug 2024 | 81.26 | 83.30 | 84.94 | 81.01 | 0.699 times |
| 06 Tue Aug 2024 | 82.21 | 80.78 | 83.73 | 79.79 | 1.053 times |
| 05 Mon Aug 2024 | 80.79 | 81.07 | 83.74 | 77.54 | 2.055 times |
| 02 Fri Aug 2024 | 85.40 | 84.94 | 88.70 | 83.40 | 2.204 times |
| 01 Thu Aug 2024 | 98.27 | 102.19 | 103.95 | 95.69 | 0.774 times |
| 31 Wed Jul 2024 | 102.80 | 101.33 | 105.42 | 100.36 | 0.96 times |
| 30 Tue Jul 2024 | 100.09 | 101.45 | 102.44 | 99.97 | 0.443 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.8, but if it comes above 85.8, then a intra day buy could be more profitable.
If you take a sell trade below 85.8, then use 85.8 as stoploss and 76.3 as target. However if you take a buy trade in stock , then use 85.8 as stoploss and 93.7 as target.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 77.54 |
| Downside Target | 83.11 |
| Upside Target | 85.73 |
| Upside Target | 88.55 |
| Upside Target | 92.00 |
| Upside Target | 95.88 |
| Upside Target | 102.60 |
| Upside Target | 103.47 |
| Upside Target | 103.54 |
| Upside Target | 103.75 |
| Upside Target | 103.95 |
| Upside Target | 105.42 |
Intraday share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Intraday Target | 82.56 |
| Downside Intraday Target | 81.52 |
| Upside Intraday Target | 85.18 |
| Upside Intraday Target | 86.76 |
| Upside Intraday Target | 84.14 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 83.59 | 85.46 | 85.73 | 83.11 | 0.098 times |
| 09 Fri Aug 2024 | 85.93 | 81.07 | 86.22 | 77.54 | 1.108 times |
| 02 Fri Aug 2024 | 85.40 | 101.75 | 105.42 | 83.40 | 1.968 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 |
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 |
| 12 Mon Aug 2024 | 83.59 | 102.19 | 103.95 | 77.54 | 0.785 times |
| 31 Wed Jul 2024 | 102.80 | 91.37 | 105.42 | 86.57 | 0.961 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 |
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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Beacon Roofing in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 86.96 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 negative.
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Beacon Roofing in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Beacon Roofing in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 86.96 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.