(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 2024-08-13 View latest technical analysis
10 day averaged volume of Beacon Roofing is 1303910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 85.62 | 84.64 | 86.12 | 83.04 | 0.591 times |
| 12 Mon Aug 2024 | 83.59 | 85.46 | 85.73 | 83.11 | 0.507 times |
| 09 Fri Aug 2024 | 85.93 | 84.58 | 86.22 | 83.77 | 0.867 times |
| 08 Thu Aug 2024 | 83.45 | 82.87 | 84.73 | 82.15 | 0.561 times |
| 07 Wed Aug 2024 | 81.26 | 83.30 | 84.94 | 81.01 | 0.688 times |
| 06 Tue Aug 2024 | 82.21 | 80.78 | 83.73 | 79.79 | 1.037 times |
| 05 Mon Aug 2024 | 80.79 | 81.07 | 83.74 | 77.54 | 2.025 times |
| 02 Fri Aug 2024 | 85.40 | 84.94 | 88.70 | 83.40 | 2.171 times |
| 01 Thu Aug 2024 | 98.27 | 102.19 | 103.95 | 95.69 | 0.763 times |
| 31 Wed Jul 2024 | 102.80 | 101.33 | 105.42 | 100.36 | 0.945 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 85 as stoploss in an intra day buy trade for a target of 92.85. However, stock will show a bearish move below 85.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 77.54 |
| Downside Target | 83.04 |
| Upside Target | 86.12 |
| 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 | 83.73 |
| Downside Intraday Target | 81.85 |
| Upside Intraday Target | 86.81 |
| Upside Intraday Target | 88.01 |
| Downside Intraday Target | 84.93 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 85.62 | 85.46 | 86.12 | 83.04 | 0.212 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 |
| 13 Tue Aug 2024 | 85.62 | 102.19 | 103.95 | 77.54 | 0.839 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 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 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 losing momentum.
MACD generated a SELL signal for Beacon Roofing in short term and the sell 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 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 moving up
CCI has generated a buy signal for Beacon Roofing in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 86.32 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 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 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 losing momentum.
MACD generated a SELL signal for Beacon Roofing in short term and the sell 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 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 moving up
CCI has generated a buy signal for Beacon Roofing in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 86.32 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.