BYLINE BANCORP INC (BY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BY - US1244111092 - Common Stock
We assign a technical rating of 1 out of 10 to BY. BY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BY has a poor technical rating and the quality of the setup is also only medium 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
24.88
4 important support areas can be observed.
- A support zone ranging from 26.73 to 27.44. 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 26.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.59 to 25.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.14 to 28.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.04 to 29.67. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BY is neutral. |
| ChartMill Relative Strength | 28.18 | NEGATIVE | BY has a low relative strength, it was outperformed by 71.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BY is above 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 | MIXED | The current price of BY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for BY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BY has a positive trend. |
| Stochastics (14,3) | 48.35 | NEUTRAL | The Stochastics value for BY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BY suggests some volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for BY suggests a weak or negative trend. |
27.61
+0.68 (+2.53%)
BYLINE BANCORP INC / BY FAQ
Can you provide the ChartMill technical rating for BYLINE BANCORP INC?
ChartMill assigns a technical rating of 1 / 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 55.3355. 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 neutral.
What is the support and resistance level for BY stock?
BYLINE BANCORP INC (BY) has a support level at 27.44 and a resistance level at 28.14. Check the full technical report for our detailed analysis of BY support and resistance levels.