(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 2024-08-20 View latest technical analysis
10 day averaged volume of Beacon Roofing is 819160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 85.44 | 86.28 | 86.60 | 85.03 | 0.426 times |
| 19 Mon Aug 2024 | 86.39 | 86.72 | 87.06 | 85.90 | 0.398 times |
| 16 Fri Aug 2024 | 86.17 | 86.61 | 87.81 | 85.46 | 0.85 times |
| 15 Thu Aug 2024 | 87.03 | 88.25 | 88.53 | 86.43 | 1.091 times |
| 14 Wed Aug 2024 | 85.81 | 86.11 | 86.26 | 84.72 | 0.895 times |
| 13 Tue Aug 2024 | 85.62 | 84.64 | 86.12 | 83.04 | 0.94 times |
| 12 Mon Aug 2024 | 83.59 | 85.46 | 85.73 | 83.11 | 0.807 times |
| 09 Fri Aug 2024 | 85.93 | 84.58 | 86.22 | 83.77 | 1.38 times |
| 08 Thu Aug 2024 | 83.45 | 82.87 | 84.73 | 82.15 | 0.894 times |
| 07 Wed Aug 2024 | 81.26 | 83.30 | 84.94 | 81.01 | 1.095 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 82.4 as stoploss in an intra day buy trade for a target of 89.8. However, stock will show a bearish move below 82.4.
Share price targets for Beacon Roofing (BECN)
| Target Type | Value |
| Downside Target | 77.54 |
| Downside Target | 83.04 |
| Upside Target | 92.00 |
| Upside Target | 95.88 |
| Upside Target | 102.60 |
| Upside Target | 102.83 |
| 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 | 84.63 |
| Downside Intraday Target | 83.81 |
| Upside Intraday Target | 86.66 |
| Upside Intraday Target | 87.87 |
| Upside Intraday Target | 85.84 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 85.44 | 86.72 | 87.06 | 85.03 | 0.18 times |
| 16 Fri Aug 2024 | 86.17 | 85.46 | 88.53 | 83.04 | 0.556 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 |
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 |
| 20 Tue Aug 2024 | 85.44 | 102.19 | 103.95 | 77.54 | 1.048 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 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 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 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.
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 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 but SELL signal is weak.
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 84.99 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 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 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 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 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.
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 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 but SELL signal is weak.
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 84.99 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.