THE BOYD GROUP INC (BYD.CA) Stock Technical Analysis
Canada - TSX:BYD - CA1033101082 - Common Stock
Taking everything into account, BYD scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BYD is only an average performer.
BYD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 241.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 236.76, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
230.19
We found 1 important support area.
- A support zone ranging from 232.52 to 236.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 241.39 to 244.25. 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 | UP | POSITIVE | The long term trend for BYD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYD.CA is up. |
| ChartMill Relative Strength | 61.15 | NEUTRAL | BYD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYD.CA is above the rising 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) | UP | POSITIVE | The current price of BYD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.68 | NEUTRAL | The RSI value for BYD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests BYD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.69 | NEUTRAL | The Stochastics value for BYD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BYD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.74 | POSITIVE | The high ADX value value for BYD.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 244.26 | 232.51 | 11.75 (4.81%) | 20.79% |
| An entry @244.26. This is a Buy Stop order right above the resistance zone. | An exit @232.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.75 points, which is 4.81%. | For a 1.00% total portfolio risk, you can invest 20.79% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BYD (9/26/2025, 7:00:00 PM)
238.66
+1.89 (+0.8%)