Technical Analysis for BECN - Beacon Roofing Supply, Inc.

Grade Last Price % Change Price Change
C 56.91 -2.80% -1.64
BECN closed down 2.8 percent on Wednesday, March 22, 2023, on 80 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other -2.80%
Gapped Up Strength -2.80%
Oversold Stochastic Weakness -2.80%
Crossed Above 200 DMA Bullish -0.45%
NR7 Range Contraction -0.45%
Narrow Range Bar Range Contraction -0.45%
Strong but Oversold Other -0.45%
Inside Day Range Contraction -0.45%

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

Alert Time
Fell Below Previous Day's Low about 9 hours ago
Possible NR7 about 11 hours ago
Possible Inside Day about 11 hours ago
Down 1% about 11 hours ago
60 Minute Opening Range Breakdown about 13 hours ago

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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.


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


Indicator Value
52 Week High 68.31
52 Week Low 45.71
Average Volume 442,221
200-Day Moving Average 57.02
50-Day Moving Average 59.25
20-Day Moving Average 62.02
10-Day Moving Average 59.07
Average True Range 2.07
RSI 39.76
ADX 28.17
+DI 17.76
-DI 26.65
Chandelier Exit (Long, 3 ATRs) 62.11
Chandelier Exit (Short, 3 ATRs) 62.29
Upper Bollinger Bands 69.32
Lower Bollinger Band 54.71
Percent B (%b) 0.15
BandWidth 23.56
MACD Line -0.86
MACD Signal Line 0.08
MACD Histogram -0.9348
Fundamentals Value
Market Cap 3.93 Billion
Num Shares 69 Million
EPS -0.27
Price-to-Earnings (P/E) Ratio -207.70
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) 59.84
Resistance 3 (R3) 60.16 59.50 59.35
Resistance 2 (R2) 59.50 58.76 59.34 59.18
Resistance 1 (R1) 58.21 58.30 57.88 57.89 59.02
Pivot Point 57.55 57.55 57.39 57.39 57.55
Support 1 (S1) 56.26 56.81 55.93 55.94 54.80
Support 2 (S2) 55.60 56.35 55.44 54.64
Support 3 (S3) 54.31 55.60 54.47
Support 4 (S4) 53.99