TopBuild Corp (BLD): Price Now Near $219.54; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for BLD

At the moment, BLD (Get Ratings)’s price is up $0.5 (0.23%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Construction stocks, BLD ranks 40th in regards to today’s price percentage change.

BLD’s Technical Outlook on the Daily Chart

At the time of this writing, BLD’s price is down $-0.19 (-0.09%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows BLD’s price action over the past 90 days.

BLD

<

BLD: Daily RSI Analysis

  • For BLD, its RSI is now at 42.4859.
  • BLD and RSI both have consistent trends, as they are both heading up.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market