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(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 2024-10-17 View latest technical analysis

10 day averaged volume of Beacon Roofing is 788990

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	95.64	96.06	96.06	94.25	0.705 times
16 Wed Oct 2024	95.60	95.01	96.94	94.46	0.577 times
15 Tue Oct 2024	93.32	93.38	95.06	92.99	1.546 times
14 Mon Oct 2024	93.36	92.18	94.08	92.00	0.548 times
11 Fri Oct 2024	91.85	91.06	92.43	90.88	0.827 times
10 Thu Oct 2024	90.78	88.79	91.68	88.02	0.961 times
09 Wed Oct 2024	94.49	95.94	96.44	93.67	0.789 times
08 Tue Oct 2024	95.16	95.29	97.27	94.71	1.146 times
07 Mon Oct 2024	95.42	88.61	95.68	88.16	2.055 times
04 Fri Oct 2024	88.75	88.58	88.85	86.13	0.824 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 93.8, but if it comes below 93.8, then a intra day sell could be more profitable.
If you take a sell trade below 93.8, then use 93.8 as stoploss and 89.65 as target. However if you take a buy trade in stock , then use 93.8 as stoploss and 98.8 as target.

Share price targets for Beacon Roofing (BECN)

Target Type	Value
Downside Target	77.54
Downside Target	83.36
Downside Target	86.57
Downside Target	90.59
Downside Target	92.00
Upside Target	96.94
Upside Target	97.27
Upside Target	103.54
Upside Target	103.95
Upside Target	105.42

Intraday share price targets for Beacon Roofing (BECN)

Target Type	Value
Downside Intraday Target	92.78
Downside Intraday Target	89.92
Upside Intraday Target	97.72
Upside Intraday Target	99.8
Downside Intraday Target	94.86

Weekly technical analysis of Beacon Roofing (BECN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	95.64	92.18	96.94	92.00	0.584 times
11 Fri Oct 2024	91.85	88.61	97.27	88.02	1.551 times
04 Fri Oct 2024	88.75	86.68	88.85	83.75	0.913 times
27 Fri Sep 2024	87.72	86.68	89.40	83.69	0.873 times
20 Fri Sep 2024	85.84	83.97	88.75	83.36	1.247 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
17 Thu Oct 2024	95.64	86.33	97.27	83.75	0.742 times
30 Mon Sep 2024	86.43	89.86	90.59	78.02	0.631 times
30 Fri Aug 2024	90.60	102.19	103.95	77.54	1.434 times
31 Wed Jul 2024	102.80	91.37	105.42	86.57	0.961 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 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 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.

ADX buy sell signal for Beacon Roofing stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Beacon Roofing in short term but SELL signal is weak.

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 93.61 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.