BYLINE BANCORP INC (BY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BY - US1244111092 - Common Stock
We assign a technical rating of 3 out of 10 to BY. In the past year, BY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BY has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.84 to 27.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.19 to 26.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.19 to 25.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.14 to 28.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.67 from a horizontal line in the weekly time frame.
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 BY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BY is up. |
| ChartMill Relative Strength | 29.62 | NEGATIVE | BY has a low relative strength, it was outperformed by 70.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.84 | NEUTRAL | The RSI value for BY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BY has a positive trend. |
| Stochastics (14,3) | 82.93 | OVERBOUGHT | The high Stochastics value suggests BY may be overbought. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for BY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for BY suggests a weak or negative trend. |
28.12
-0.23 (-0.81%)
BYLINE BANCORP INC / BY FAQ
Can you provide the ChartMill technical rating for BYLINE BANCORP INC?
ChartMill assigns a technical rating of 3 / 10 to BY.
What is the current trend direction of BYLINE BANCORP INC (BY) stock?
The current trend direction for BYLINE BANCORP INC (BY) is Bearish.
Can you provide the RSI signal for BYLINE BANCORP INC?
BYLINE BANCORP INC (BY) has an RSI value of 58.8372. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BYLINE BANCORP INC?
The short term momentum for BYLINE BANCORP INC (BY) is positive.
What is the support and resistance level for BY stock?
BYLINE BANCORP INC (BY) has a support level at 27.54 and a resistance level at 28.14. Check the full technical report for our detailed analysis of BY support and resistance levels.