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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Builders FirstSource, Inc. (NYSE:BLDR)

Long-Term Downtrend (-90) - BLDR is in a strong downtrend that is likely to continue. While BLDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BLDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BLDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BLDR
Open High Low BLDR Price Change
162.01 164.74 159.01 163.73 +1.11
Entry Signal

MarketClub’s Trade Triangles for BLDR

long term down The long-term trend has been DOWN since May 7th, 2024 at 171.1375

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 175.1200

short term down The short-term trend has been DOWN since May 7th, 2024 at 182.3424

Smart Scan Analysis for BLDR

Based on our trend formula, BLDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BLDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.01 164.74 159.01 163.73 +1.11
Prev. Close Volume Bid Ask Time
162.62 4033491 2024-05-08 15:59:42
52wk High214.752wk High Date2024-03-21
52wk Low105.23552wk Low Date2023-10-30
Average Volume1,691,304Shares Outstanding121,940
Assets104,994,520MLiabilities576,710,100M
P/E Ratio13.6198
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