BOYD GAMING CORP (BYD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BYD - US1033041013 - Common Stock
Taking everything into account, BYD scores 5 out of 10 in our technical rating. In the last year, BYD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BYD has an average technical rating and it also 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
69.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 80.33 to 82.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.81 to 77.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 85.37 to 87.38. 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 BYD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYD is up. |
| ChartMill Relative Strength | 66.41 | NEUTRAL | BYD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BYD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for BYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests BYD has a positive trend. |
| Stochastics (14,3) | 83.75 | OVERBOUGHT | The high Stochastics value suggests BYD may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BYD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for BYD suggests a weak or negative trend. |
85.1
+0.71 (+0.84%)
BOYD GAMING CORP / BYD FAQ
What is the technical rating for BYD stock?
ChartMill assigns a technical rating of 5 / 10 to BYD.
What is the trend direction for BYD stock?
The current trend direction for BOYD GAMING CORP (BYD) is Bearish.
What is the RSI signal for BOYD GAMING CORP (BYD) stock?
BOYD GAMING CORP (BYD) has an RSI value of 62.4589. This indicates that the stock is currently neutral.
What is the MACD signal for BOYD GAMING CORP (BYD) stock?
The MACD indicator for BOYD GAMING CORP (BYD) has a value of 0.378518, indicating a bearish trend.