Technical Analysis for BECN - Beacon Roofing Supply, Inc.

Grade Last Price % Change Price Change
A 60.01 -2.38% -1.46
BECN closed down 2.38 percent on Friday, May 20, 2022, on 1.45 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Multiple of Ten Bullish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
20 DMA Support Bullish -2.38%
Gapped Down Weakness -2.38%
Upper Bollinger Band Walk Strength -4.23%
Upper Bollinger Band Touch Strength -4.23%
Gapped Down Weakness -4.23%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% 2 days ago
Down 1 ATR 2 days ago
60 Minute Opening Range Breakdown 2 days ago
Down 3% 2 days ago
Fell Below 50 DMA 2 days ago

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Profile

Beacon Roofing Supply, Inc. Description

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials to contractors, home builders, building owners, and other resellers. The company's residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, gutters and downspouts, and other accessories. Its non-residential roofing products comprise single-ply roofing; asphalt; metal; modified bitumen; built-up roofing; cements and coatings; flat stock and tapered insulation; commercial fasteners; metal edges and flashings; skylights, smoke vents, and roof hatches; sheet metal products, including copper, aluminum, and steel; and other accessories. The company also provides complementary building products, such as vinyl sidings; red, white, and yellow cedar sidings; fiber cement sidings; soffits; house wraps; vapor barriers; and stone veneer, as well as vinyl windows, aluminum windows, wood windows, wood doors, patio doors, and skylights. In addition, it offers specialty lumber products comprising redwood, red cedar decking, pressure treated lumber, fire treated plywood, synthetic decking, PVC trim boards, synthetic railing, millwork, and custom millwork. Further, the company provides waterproofing systems, building insulations, air barrier systems, gypsum, moldings, patio covers, and cultured stone. As of August 9, 2013, it operated through a network of 231 branches in 38 states of the United States, and Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is based in Peabody, Massachusetts.


Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: Construction Steel Metals Building Materials Flash Engineering Fasteners Metal Products Sheet Metal Plywood Home Builders Roof Shingles Gypsum Millwork Waterproofing Building Insulation Roofing Systems Fiber Cement Flashing Lumber Products Metal Roof Metal Roofing Skylight Asphalt Shingle Asphalt Shingles Deck Fiber Cement Siding Sheet Metal Products

Is BECN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 64.9
52 Week Low 46.62
Average Volume 417,913
200-Day Moving Average 55.39
50-Day Moving Average 60.33
20-Day Moving Average 61.11
10-Day Moving Average 61.28
Average True Range 2.13
RSI 47.09
ADX 14.01
+DI 21.79
-DI 26.38
Chandelier Exit (Long, 3 ATRs) 58.50
Chandelier Exit (Short, 3 ATRs) 64.76
Upper Bollinger Bands 63.87
Lower Bollinger Band 58.34
Percent B (%b) 0.3
BandWidth 9.06
MACD Line 0.50
MACD Signal Line 0.60
MACD Histogram -0.1032
Fundamentals Value
Market Cap 4.14 Billion
Num Shares 69 Million
EPS -0.27
Price-to-Earnings (P/E) Ratio -219.01
Price-to-Sales 0.37
Price-to-Book 1.47
PEG Ratio 1.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 65.16
Resistance 3 (R3) 65.18 63.48 64.30
Resistance 2 (R2) 63.48 62.17 63.47 64.01
Resistance 1 (R1) 61.75 61.36 60.90 61.73 63.73
Pivot Point 60.05 60.05 59.63 60.04 60.05
Support 1 (S1) 58.32 58.74 57.47 58.30 56.29
Support 2 (S2) 56.62 57.93 56.61 56.01
Support 3 (S3) 54.89 56.62 55.72
Support 4 (S4) 54.87