(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 2024-08-22 View latest technical analysis
10 day averaged volume of Beacon Roofing is 670810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 87.33 | 87.35 | 87.89 | 86.63 | 0.695 times |
| 21 Wed Aug 2024 | 86.75 | 86.58 | 87.37 | 85.57 | 0.621 times |
| 20 Tue Aug 2024 | 85.44 | 86.28 | 86.60 | 85.03 | 0.521 times |
| 19 Mon Aug 2024 | 86.39 | 86.72 | 87.06 | 85.90 | 0.486 times |
| 16 Fri Aug 2024 | 86.17 | 86.61 | 87.81 | 85.46 | 1.038 times |
| 15 Thu Aug 2024 | 87.03 | 88.25 | 88.53 | 86.43 | 1.332 times |
| 14 Wed Aug 2024 | 85.81 | 86.11 | 86.26 | 84.72 | 1.093 times |
| 13 Tue Aug 2024 | 85.62 | 84.64 | 86.12 | 83.04 | 1.148 times |
| 12 Mon Aug 2024 | 83.59 | 85.46 | 85.73 | 83.11 | 0.985 times |
| 09 Fri Aug 2024 | 85.93 | 84.58 | 86.22 | 83.77 | 1.685 times |
My analysis of stock is bearish for shortterm, and stock might move down till 81.7 or till 73.3. Use a stoploss of 88.79 and if the stock hits stoploss, then it can shoot up till 95.84
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 | 85.61 |
| Downside Intraday Target | 83.89 |
| Upside Intraday Target | 88.47 |
| Upside Intraday Target | 89.61 |
| Downside Intraday Target | 86.75 |
Weekly technical analysis of Beacon Roofing (BECN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 87.33 | 86.72 | 87.89 | 85.03 | 0.415 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 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 |
| 22 Thu Aug 2024 | 87.33 | 102.19 | 103.95 | 77.54 | 1.11 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 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 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 to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Beacon Roofing in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 85.97 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 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 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 to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Beacon Roofing in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 85.97 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.