BUILDERS FIRSTSOURCE INC. - Daily - Technical analysis published on 12/30/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 79.57 USD
My targets
89.52 USD (+5.25%)
93.81 USD (+10.30%)
My analysis
The bullish trend is currently very strong on BUILDERS FIRSTSOURCE INC.. As long as the price remains above the support at 79.57 USD, you could try to benefit from the boom. The first bullish objective is located at 89.52 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 93.81 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BUILDERS FIRSTSOURCE INC. rating 85.05 USD. The price has increased by +0.70% since the last closing and was traded between 83.72 USD and 85.30 USD over the period. The price is currently at +1.59% from its lowest and -0.29% from its highest.83.72
85.30
85.05
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BUILDERS FIRSTSOURCE INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 52.24 | 75.13 | 79.57 | 85.05 |
| Change (%) | -38.58% | -11.66% | -6.44% | - |
| Change | -32.81 | -9.92 | -5.48 | - |
| Level | Major | Intermediate | Intermediate | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.50 | 83.11 | 84.08 | 84.69 | 85.66 | 86.27 | 87.24 |
| Camarilla | 84.62 | 84.76 | 84.91 | 85.05 | 85.20 | 85.34 | 85.49 |
| Woodie | 82.68 | 83.20 | 84.26 | 84.78 | 85.84 | 86.36 | 87.42 |
| Fibonacci | 83.11 | 83.71 | 84.09 | 84.69 | 85.29 | 85.67 | 86.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.23 | 68.92 | 75.53 | 79.22 | 85.83 | 89.52 | 96.13 |
| Camarilla | 79.32 | 80.26 | 81.21 | 82.15 | 83.09 | 84.04 | 84.98 |
| Woodie | 66.70 | 69.65 | 77.00 | 79.95 | 87.30 | 90.25 | 97.60 |
| Fibonacci | 68.92 | 72.85 | 75.28 | 79.22 | 83.15 | 85.58 | 89.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.51 | 49.78 | 59.61 | 66.88 | 76.71 | 83.98 | 93.81 |
| Camarilla | 64.74 | 66.31 | 67.87 | 69.44 | 71.01 | 72.58 | 74.14 |
| Woodie | 43.79 | 50.42 | 60.89 | 67.52 | 77.99 | 84.62 | 95.09 |
| Fibonacci | 49.78 | 56.31 | 60.35 | 66.88 | 73.41 | 77.45 | 83.98 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.19 | |
| MACD (12,26,9): | 3.8700 | |
| Directional Movement: | 20.93 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 83.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 74.75 | |
| Elder Ray (13): | 4.32 | |
| Super Trend (3,10): | 76.85 | |
| Zig ZAG (10): | 85.05 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 97.35 | |
| TEMA (21): | 83.90 | |
| Williams %R (14): | -1.97 | |
| Chande Momentum Oscillator (20): | 5.48 | |
| Repulse (5,40,3): | 4.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6900 | |
| Courbe Coppock: | 19.25 |
| MA7: | 81.55 | |
| MA20: | 77.75 | |
| MA50: | 70.11 | |
| MA100: | 61.54 | |
| MAexp7: | 82.31 | |
| MAexp20: | 78.19 | |
| MAexp50: | 71.36 | |
| MAexp100: | 64.16 | |
| Price / MA7: | +4.29% | |
| Price / MA20: | +9.39% | |
| Price / MA50: | +21.31% | |
| Price / MA100: | +38.20% | |
| Price / MAexp7: | +3.33% | |
| Price / MAexp20: | +8.77% | |
| Price / MAexp50: | +19.18% | |
| Price / MAexp100: | +32.56% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on BUILDERS FIRSTSOURCE INC. at the time of the generation of this analysis was as follows:
- Lifshitz Law Firm, P.C. Announces Investigation of American Renal Associates Holdings, Inc., BMC Stock Holdings, Inc., Builders FirstSource, Inc., Cellular Biomedicine Group, Inc., CIT Group Inc., Eidos Therapeutics, Inc., MyoKardia, Inc. Watford Holdings Ltd. and Yintech Investment Holdings Limited
- Lifshitz Law Firm, P.C. Announces Investigation of American Renal Associates Holdings, Inc. (NYSE: ARA), BMC Stock Holdings, Inc., Builders FirstSource, Inc., Cancer Genetics, Inc., Cellular Biomedicine Group, Inc., Eidos Therapeutics, Inc., Montage Resources Corporation, MyoKardia, Inc. and Yintech Investment Holdings Limited
- Builders FirstSource Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether The Merger Of Builders FirstSource, Inc. Is Fair To Shareholders; Investors Are Encouraged To Contact The Firm
- Thinking about trading options or stock in Builders FirstSource, Moderna Inc, GrubHub, Roku, or Ford Motor?
- Builders FirstSource Set to Join S&P MidCap 400; FB Financial & CoreCivic to Join S&P SmallCap 600
This member declared not having a position on this financial instrument or a related financial instrument.
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