BUILDERS FIRSTSOURCE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	BLDR
ISIN:

BUILDERS FIRSTSOURCE INC. - Daily - Technical analysis published on 08/18/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 28.18 USD

My targets

32.56 USD (+8.45%)

33.64 USD (+12.07%)

My analysis

The bullish trend is currently very strong on BUILDERS FIRSTSOURCE INC.. As long as the price remains above the support at 28.18 USD, you could try to benefit from the boom. The first bullish objective is located at 32.56 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 33.64 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BUILDERS FIRSTSOURCE INC. rating 30.02 USD. The price is lower by -0.83% since the last closing and was traded between 29.82 USD and 30.92 USD over the period. The price is currently at +0.67% from its lowest and -2.91% from its highest.

29.82

30.92

30.02

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of BUILDERS FIRSTSOURCE INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	23.03	25.80	28.18	30.02
Change (%)	-23.28%	-14.06%	-6.13%	-
Change	-6.99	-4.22	-1.84	-
Level	Major	Minor	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.78	28.84	29.56	30.62	31.34	32.40	33.12
Camarilla	29.78	29.94	30.11	30.27	30.43	30.60	30.76
Woodie	27.60	28.76	29.38	30.54	31.16	32.31	32.94
Fibonacci	28.84	29.52	29.94	30.62	31.30	31.72	32.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.26	24.54	27.41	29.69	32.56	34.84	37.71
Camarilla	28.85	29.33	29.80	30.27	30.74	31.21	31.69
Woodie	22.55	24.69	27.70	29.84	32.85	34.99	38.00
Fibonacci	24.54	26.51	27.73	29.69	31.66	32.88	34.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.98	16.05	19.87	22.93	26.76	29.82	33.64
Camarilla	21.80	22.43	23.06	23.69	24.32	24.95	25.58
Woodie	13.36	16.24	20.25	23.12	27.13	30.01	34.02
Fibonacci	16.05	18.68	20.30	22.93	25.56	27.19	29.82

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	68.68
MACD (12,26,9):	2.2300
Directional Movement:	28.71
AROON (14):	85.71
DEMA (21):	29.30
Parabolic SAR (0,02-0,02-0,2):	28.68
Elder Ray (13):	2.56
Super Trend (3,10):	26.25
Zig ZAG (10):	30.02
VORTEX (21):	1.1200
Stochastique (14,3,5):	84.97
TEMA (21):	30.48
Williams %R (14):	-20.72
Chande Momentum Oscillator (20):	6.59
Repulse (5,40,3):	-3.9300
ROCnROLL:	1
TRIX (15,9):	1.1100
Courbe Coppock:	52.39

MA7:	29.11
MA20:	25.97
MA50:	23.11
MA100:	19.79
MAexp7:	29.19
MAexp20:	26.58
MAexp50:	23.76
MAexp100:	22.09
Price / MA7:	+3.13%
Price / MA20:	+15.59%
Price / MA50:	+29.90%
Price / MA100:	+51.69%
Price / MAexp7:	+2.84%
Price / MAexp20:	+12.94%
Price / MAexp50:	+26.35%
Price / MAexp100:	+35.90%

Quotes : 2020-08-17 19:59:59 - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on BUILDERS FIRSTSOURCE INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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