The volume for Beacon Roofing Supply stock increased for a consecutive 5 days, with an average daily gain of 167%

#WholesaleDistributors, #Volume, #Bullish, #Stocks, #MidCap, #Russel2000
BECN - Beacon Roofing Supply
Record Volume
Bullish Trend
59%
Odds of UP Trend
Price: $123
Daily change: +$1.4 (+1.15%)
Daily volume: 4.1M
Capitalization: $7.6B
Industry: Wholesale Distributors

The appliance retailer has exhibited record-breaking volumes the past 10 days, with an average daily volume spike of 167% above the expected 65-day average. The -0.68% price change was insignificant, leaving BECN's price at $123. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 22 similar cases, 13 of which were successful. Based on this data, the odds of success are +59%.