BYLINE BANCORP INC (BY) Stock Technical Analysis
NYSE:BY - New York Stock Exchange, Inc. - US1244111092 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BY. BY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When compared to the yearly performance of all other stocks, BY outperforms 66% of them, which is more or less in line with the market.
BY is an average performer in the Banks industry, it outperforms 40% of 396 stocks in the same industry.
BY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BY is lagging the market slightly.
In the last month BY has a been trading in the 25.44 - 27.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BY does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
23.02
27.46
We found 3 important support areas.
- A support zone ranging from 25.67 to 26.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.86 from a trend line in the weekly time frame.
- A support zone ranging from 23.25 to 23.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.42 to 27.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for BY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BY is neutral. |
| ChartMill Relative Strength | 66.93 | NEUTRAL | BY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BY is below a declining 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 | NEGATIVE | The current price of BY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for BY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.96 | NEUTRAL | The Stochastics value for BY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for BY suggests low volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for BY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.32
+0.73 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.85%
1 Week1.74%
2 Weeks0.77%
1 Month-0.11%
3 Month-2.7%
6 Month-16.58%
12 Month17.03%
2 Year45.49%
3 Year10.59%
5 Year100.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.81%
ATR Inc17.97%
Range Today0.46
ADR(20)0.41
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.93
Mansfield-0.74
10 Day High26.45
10 Day Low25.44
20 Day High27.52
20 Day Low25.44
52 Week High32.89
52 Week Low21.96
CS1 End23.86
CR1 Start25.68
Volume & EV
DER(3)1.71%
DER(5)1.4%
Volume107.80K
Volume Incr-12.39%
Vol(5)117.20K
Vol(50)163.78K