Back to top

Tale of the Tape

Zacks Equity Research

Beacon Roofing Supply, Inc. (BECN) Moving Average Crossover Spotted
October 03, 2013

BECN

Trades from $3
Beacon Roofing Supply, Inc. (BECN - Free Report) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for BECN broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 6.29% in the past four weeks. Plus, the company currently has a Zacks Rank #5 (Strong Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.

In-Depth Zacks Research for the Tickers Above

BEACON ROOFING (BECN) - FREE report >>