Technical Analysis for BECN - Beacon Roofing Supply, Inc.

Grade Last Price % Change Price Change
D 86.84 -4.04% -3.66
BECN closed down 4.04 percent on Monday, July 1, 2024, on approximately normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
200 DMA Support Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other -4.04%
Lower Bollinger Band Walk Weakness -4.04%

   Recent Intraday Alerts

Alert Time
Down 3% about 7 hours ago
Down 1 ATR about 7 hours ago
Fell Below Lower Bollinger Band about 9 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Down 2 % about 10 hours 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 Engineering Flash Fasteners Metal Products Plywood Sheet Metal Roof Gypsum Home Builders Building Insulation Roofing Systems Shingles Waterproofing Deck Fiber Cement Lumber Products Millwork 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

Indicators

Indicator Value
52 Week High 103.75
52 Week Low 68.5
Average Volume 687,338
200-Day Moving Average 86.60
50-Day Moving Average 95.74
20-Day Moving Average 94.99
10-Day Moving Average 92.43
Average True Range 2.76
RSI (14) 32.43
ADX 18.29
+DI 19.12
-DI 32.93
Chandelier Exit (Long, 3 ATRs) 95.25
Chandelier Exit (Short, 3 ATRs) 94.86
Upper Bollinger Bands 102.41
Lower Bollinger Band 87.57
Percent B (%b) -0.05
BandWidth 15.62
MACD Line -1.90
MACD Signal Line -0.90
MACD Histogram -1.002
Fundamentals Value
Market Cap 5.5 Billion
Num Shares 63.4 Million
EPS -1.03
Price-to-Earnings (P/E) Ratio -84.31
Price-to-Sales 0.63
Price-to-Book 3.16
PEG Ratio 1.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 94.73
Resistance 3 (R3) 95.52 93.67 93.42
Resistance 2 (R2) 93.67 91.66 93.28 92.98
Resistance 1 (R1) 90.26 90.42 89.34 89.47 92.54
Pivot Point 88.41 88.41 87.95 88.02 88.41
Support 1 (S1) 85.00 86.40 84.08 84.21 81.14
Support 2 (S2) 83.15 85.16 82.76 80.70
Support 3 (S3) 79.74 83.15 80.27
Support 4 (S4) 78.95