Canada - Toronto Stock Exchange - TSX:BYD - CA1033101082 - Common Stock
We assign a technical rating of 2 out of 10 to BYD. BYD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, BYD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 222.52, a Stop Loss order could be placed below this zone.
205.74
We found 2 important support areas.
When analyzing the resistance we notice 3 important areas.
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 | UP | POSITIVE | The long term trend for BYD.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYD.CA is down. |
| ChartMill Relative Strength | 28.12 | NEGATIVE | BYD.CA has a low relative strength, it was outperformed by 71.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BYD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BYD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for BYD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests BYD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.19 | OVERSOLD | The low Stochastics value suggests BYD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BYD.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.27 | NEGATIVE | The low ADX value for BYD.CA suggests a weak or negative trend. |
TSX:BYD (12/29/2025, 7:00:00 PM)
222.52
+1.14 (+0.51%)
ChartMill assigns a technical rating of 2 / 10 to BYD.CA.
The current trend direction for THE BOYD GROUP INC (BYD.CA) is Bullish.
THE BOYD GROUP INC (BYD.CA) has an RSI value of 46.466. This indicates that the stock is currently neutral.
The MACD indicator for THE BOYD GROUP INC (BYD.CA) has a value of -0.850212, indicating a bearish trend.
The buy/sell signal for THE BOYD GROUP INC (BYD.CA) is hold as the short term and long term trends are mixed.