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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 2024-10-31 View latest technical analysis

10 day averaged volume of Beacon Roofing is 580130

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	92.07	98.25	99.77	91.47	2.333 times
30 Wed Oct 2024	95.47	92.87	95.91	92.87	1.225 times
29 Tue Oct 2024	93.13	93.28	94.09	92.62	1.173 times
28 Mon Oct 2024	94.85	94.53	95.64	94.25	1.551 times
25 Fri Oct 2024	93.36	95.54	95.95	93.28	1.124 times
24 Thu Oct 2024	94.29	92.50	94.97	92.03	1.074 times
23 Wed Oct 2024	92.38	92.32	93.53	91.67	0.773 times
22 Tue Oct 2024	92.60	93.71	93.79	92.32	0.712 times
21 Mon Oct 2024	94.15	95.11	95.62	93.42	0.843 times
18 Fri Oct 2024	95.64	95.65	96.19	94.71	0.564 times

Stock of Beacon Roofing (BECN) has showed a significant fall. This could be a good time to exit from this stock.

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 91.8 as stoploss in an intra day buy trade for a target of 93.62. However, stock will show a bearish move below 91.8.

Share price targets for Beacon Roofing (BECN)

Target Type	Value
Downside Target	77.54
Downside Target	83.75
Downside Target	86.57
Upside Target	95.95
Upside Target	96.94
Upside Target	97.27
Upside Target	99.77
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	89.1
Downside Intraday Target	86.14
Upside Intraday Target	97.4
Upside Intraday Target	102.74
Upside Intraday Target	94.44

Weekly technical analysis of Beacon Roofing (BECN)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	92.07	94.53	99.77	91.47	1.388 times
25 Fri Oct 2024	93.36	95.11	95.95	91.67	0.878 times
18 Fri Oct 2024	95.64	92.18	96.94	92.00	0.656 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

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
31 Thu Oct 2024	92.07	86.33	99.77	83.75	1.251 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 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 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 gaining momentum.

MACD generated a SELL signal for Beacon Roofing in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 93.65 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.