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Beacon Roofing S Shares Up 56.8% Since SmarTrend's Buy Recommendation (BECN)

May 04, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Beacon Roofing S (NASDAQ:BECN) on November 9th, 2020 at $36.50. In approximately 6 months, Beacon Roofing S has returned 56.82% as of today's recent price of $57.24.

In the past 52 weeks, shares of Beacon Roofing S have traded between a low of $11.67 and a high of $57.78 and are now at $57.33, which is 391% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.9% while the 50-day MA has advanced 1.8%.

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The Company also offers other complementary building materials, including siding, windows, specialty lumber products, and waterproofing systems for residential and non-residential building exteriors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Beacon Roofing S shares.Log in and add Beacon Roofing S (BECN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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