Pulling Back After Getting Very Extended From Any Sound Base - Monday, January 10, 2022
Perched at Record High After +52% Rally in 4 Months - Friday, December 10, 2021
Earnings News Due Thursday for High-Ranked Building Products Firm - Tuesday, November 2, 2021
Sputtering After Wedging to New Highs - Friday, October 1, 2021
Rebounding Near Prior High After Another Strong Quarter - Thursday, August 12, 2021

Pulling Back After Getting Very Extended From Any Sound Base - Monday, January 10, 2022

Builders Firstsource Inc (BLDR +$0.38 or +0.48% to $79.01) managed a positive reversal after today's early weakness. It has been pulling back from its all-time high after getting very extended from any sound base. Its 50-day moving average (DMA) line ($73.99) and prior low ($72.60 on 12/20/21) define important near-term support to watch.

BLDR has highest possible Earnings Per Share Rating of 99. Recently it reported Sep '21 quarterly earnings +308% on +140% sales revenues versus the year ago period, continuing its strong earning track record. Quarterly comparisons show impressive sales revenues growth. Annual earning growth has been strong and steady (A criteria).

BLDR rose as much as +65% since highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report (read here). It was last shown in greater detail in this FSU section on 12/10/21 with an annotated graph under the headline, "Perched at Record High After +52% Rally in 4 Months".

The number of top-rated funds owning its shares rose from 642 in Dec '20 to 743 in Sep '21, a reassuring sign concerning the I criteria.  Its current Up/Down Volume Ratio of 1.7 is an unbiased indication its shares have been under accumulation over the past 50 days. The Bldg-Constr Prds/Misc group is ranked 18th on the 197 Industry Groups list (L criteria). It has a Timelines Rating of A and a Sponsorship Rating of C

Chart courtesy of www.stockcharts.com


Perched at Record High After +52% Rally in 4 Months - Friday, December 10, 2021

Builders Firstsource Inc (BLDR +$1.82 or +2.34% to $79.57) is perched at its all-time high after today's 5th consecutive volume-driven gain, very extended from any sound base. It is well above its 50-day moving average (DMA) line ($64.17) which defines support to watch on pullbacks. 

BLDR has highest possible Earnings Per Share Rating of 99. Recently it reported Sep '21 quarterly earnings +308% on +140% sales revenues versus the year ago period, continuing its strong earning track record. Quarterly comparisons show impressive sales revenues growth. Annual earning growth has been strong and steady (A criteria).

BLDR rose +51.9% since highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report (read here). It was last shown in greater detail in this FSU section on 11/02/21 with an annotated graph under the headline, "Earnings News Due Thursday for High-Ranked Building Products Firm".

The number of top-rated funds owning its shares rose from 642 in Dec '20 to 720 in Sep '21, a reassuring sign concerning the I criteria.  Its current Up/Down Volume Ratio of 2.9 is an unbiased indication its shares have been under accumulation over the past 50 days. The Bldg-Constr Prds/Misc group is ranked 19th on the 197 Industry Groups list (L criteria). It has a Timelines Rating of A and a Sponsorship Rating of C

Chart courtesy of www.stockcharts.com


Earnings News Due Thursday for High-Ranked Building Products Firm - Tuesday, November 2, 2021

Builders Firstsource Inc (BLDR -$0.34 or -0.58% to $58.20) is perched near its all-time high, extended from any sound base. Its 50-day moving average (DMA) line and prior highs in the $54 area define important near-term support to watch on pullbacks. Keep in mind it is due to report Sep '21 quarterly results before the open on Thursday, November 4th. Volume and volatility often increase near earnings news. 

BLDR was highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report (read here). It was last shown in greater detail in this FSU section on 10/01/21 with an annotated graph under the headline, "Sputtering After Wedging to New Highs".

BLDR has highest possible Earnings Per Share Rating of 99. It reported very strong Dec '20, Mar and Jun '21 quarterly results versus the year ago periods. Sequential quarterly comparisons show impressive acceleration in its sales revenues growth rate as earnings also improved. Annual earning growth has been strong and steady (A criteria).

The number of top-rated funds owning its shares rose from 642 in Dec '20 to 730 in Sep '21, a reassuring sign concerning the I criteria.  Its current Up/Down Volume Ratio of 2.0 is an unbiased indication its shares have been under accumulation over the past 50 days. The Bldg-Constr Prds/Misc group is ranked 94th on the 197 Industry Groups list (L criteria). It has a Timelines Rating of A and a Sponsorship Rating of B

Chart courtesy of www.stockcharts.com


Sputtering After Wedging to New Highs - Friday, October 1, 2021

Builders Firstsource Inc (BLDR +$1.22 or +2.36% to $52.96) has been sputtering after wedging to a new all-time high. Its 50-day moving average (DMA) line ($50.79) defines important near term support. Subsequent gains above the pivot point backed by at least +40% above average volume may help clinch a proper technical buy signal.

BLDR was highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report (read here). It was shown greater detail that evening with an annotated graph under the headline, "Rebounding Near Prior High After Another Strong Quarter".

BLDR has strong fundamentals and the highest possible Earnings Per Share Rating of 99. It reported very strong Dec '20, Mar and Jun '21 quarterly results versus the year ago periods. Sequential quarterly comparisons show impressive acceleration in its sales revenues growth rate as earnings also improved. Annual earning growth has been strong and steady A criteria).

The number of top-rated funds owning its shares rose from 642 in Dec '20 to 733 in Jun '21, a reassuring sign concerning the I criteria.  Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days. The Bldg-Constr Prds/Misc group is ranked 88th on the 197 Industry Groups list (L criteria). It has a Timelines Rating of A and a Sponsorship Rating of C

Chart courtesy of www.stockcharts.com


Rebounding Near Prior High After Another Strong Quarter - Thursday, August 12, 2021

Builders Firstsource Inc (BLDR +$1.66 or +3.30% to $51.90) was highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the earlier mid-day report (read here). It gapped up today while rebounding near its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. It found prompt support near its 200 DMA line in recent weeks.

BLDR has the highest possible Earnings Per Share Rating of 99. It reported very strong Dec '20, Mar and Jun '21 quarterly results versus the year ago periods. Sequential quarterly comparisons show impressive acceleration in its sales revenues growth rate as earnings also improved. Annual earning growth has been strong and steady A criteria).

The number of top-rated funds owning its shares rose from 642 in Dec '20 to 728 in Jun '21, a reassuring sign concerning the I criteria.  Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days. The Bldg-Constr Prds/Misc group is ranked 40th on the 197 Industry Groups list (L criteria). It has a Timelines Rating of A and a Sponsorship Rating of C

Chart courtesy of www.stockcharts.com