BYLINE BANCORP INC (BY) Stock Technical Analysis
NYSE:BY - US1244111092 - Common Stock
28.93 USD
+1.38 (+5.01%)
28.93 USD
0 (0%)
We assign a technical rating of 7 out of 10 to BY. In the last year, BY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BY has a been trading in the 25.38 - 28.99 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BY outperforms 56% of them, which is more or less in line with the market.
BY is part of the Banks industry. There are 393 other stocks in this industry, BY did better than 44% of them.
BY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BY is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.29
29.22
We found 3 important support areas.
- A support zone ranging from 26.84 to 26.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.59 to 26.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.54 to 25.05. 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 | UP | POSITIVE | The short term trend for BY is up. |
| ChartMill Relative Strength | 56.75 | NEUTRAL | BY is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of BY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.67 | NEUTRAL | The RSI value for BY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests BY has a positive trend. |
| Stochastics (14,3) | 90.03 | OVERBOUGHT | The high Stochastics value suggests BY may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for BY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for BY suggests a possible start of a new 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)
28.93
+1.38 (+5.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.01%
1 Week6.95%
2 Weeks12.39%
1 Month6.79%
3 Month11.83%
6 Month0.07%
12 Month4.25%
2 Year36.59%
3 Year32.65%
5 Year128.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.1%
ATR Inc49.97%
Range Today1.29
ADR(20)0.58
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.75
Mansfield-0.4
10 Day High28.99
10 Day Low25.75
20 Day High28.99
20 Day Low25.38
52 Week High32.89
52 Week Low22.63
CS1 End26.94
CR1 StartN/A
Volume & EV
DER(3)0.09%
DER(5)-0.24%
Volume200.90K
Volume Incr-3%
Vol(5)207.14K
Vol(50)259.78K