Technical Analysis for BECN - Beacon Roofing Supply, Inc.

Grade Last Price % Change Price Change
A 55.89 0.58% 0.32
BECN closed up 0.58 percent on Wednesday, April 14, 2021, on 82 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Apr 20
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical BECN trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Slingshot Bullish Bullish Swing Setup 0.58%
New 52 Week High Strength 0.58%
Outside Day Range Expansion 0.58%
Older End-of-Day Signals for BECN ...

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

Alert Time
Rose Above Upper Bollinger Band about 12 hours ago
Up 2% about 13 hours ago
Upper Bollinger Band Resistance about 13 hours ago
60 Minute Opening Range Breakout about 14 hours ago
Slingshot Bullish Entry about 15 hours ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Building Materials Architecture Metal Flash Engineering Fastener Fasteners Metal Products Sheet Metal Home Builders Ingles Plywood Gypsum Shingles Waterproofing Building Insulation Millwork Roofs Roofing Systems Fiber Cement Flashing Lumber Products Metal Roof Metal Roofing Roof 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 56.99
52 Week Low 16.4
Average Volume 409,307
200-Day Moving Average 38.30
50-Day Moving Average 50.01
20-Day Moving Average 53.16
10-Day Moving Average 54.49
Average True Range 1.68
ADX 17.34
+DI 28.86
-DI 18.59
Chandelier Exit (Long, 3 ATRs ) 51.94
Chandelier Exit (Short, 3 ATRs ) 53.78
Upper Bollinger Band 57.00
Lower Bollinger Band 49.33
Percent B (%b) 0.86
BandWidth 14.44
MACD Line 1.55
MACD Signal Line 1.40
MACD Histogram 0.1495
Fundamentals Value
Market Cap 3.86 Billion
Num Shares 69 Million
EPS -0.27
Price-to-Earnings (P/E) Ratio -203.98
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) 57.63
Resistance 3 (R3) 57.80 57.40 57.34
Resistance 2 (R2) 57.40 56.95 57.31 57.24
Resistance 1 (R1) 56.64 56.68 57.02 56.47 57.15
Pivot Point 56.24 56.24 56.43 56.15 56.24
Support 1 (S1) 55.48 55.79 55.86 55.31 54.63
Support 2 (S2) 55.08 55.52 54.99 54.54
Support 3 (S3) 54.32 55.08 54.44
Support 4 (S4) 54.15