TSX-V:BAY - TSX Venture Exchange - CA04624P1027 - Common Stock - Currency: CAD
Overall BAY gets a technical rating of 7 out of 10. In the last year, BAY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although BAY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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We found 2 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BAY.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAY.CA is up. |
ChartMill Relative Strength | 57.84 | NEUTRAL | BAY.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAY.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAY.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BAY.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 70.83 | OVERBOUGHT | The high RSI value suggests BAY.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BAY.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests BAY.CA may be overbought. |
Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for BAY.CA suggests high volalility. |
Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for BAY.CA suggests a weak or negative trend. |
TSX-V:BAY (6/16/2025, 7:00:00 PM)
0.075
-0.01 (-6.25%)