BOYD GAMING CORP (BYD) Stock Technical Analysis
NYSE:BYD - New York Stock Exchange, Inc. - US1033041013 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BYD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BYD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BYD did better than 86% of all other stocks. On top of that, BYD also shows a nice and consistent pattern of rising prices.
BYD is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. BYD outperforms 72% of them.
BYD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BYD is lagging the market slightly.
BYD has an average volume of 1023820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BYD has a been trading in the 73.00 - 87.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although BYD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
61.88
80.46
We found 4 important support areas.
- A support zone ranging from 78.15 to 78.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 73.01 to 73.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.88 from a trend line in the weekly time frame.
- Support @62.50 from a horizontal line in the daily time frame.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYD is up. |
| ChartMill Relative Strength | 86.15 | POSITIVE | BYD has a high relative strength, it outperformed 86.15% off all stocks 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) | UP | POSITIVE | The current price of BYD is above the rising 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) | 53.89 | NEUTRAL | The RSI value for BYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests BYD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.6 | NEUTRAL | The Stochastics value for BYD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for BYD suggests some volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for BYD suggests a strong 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)
79.66
-5.71 (-6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-6.69%
1 Week-2.34%
2 Weeks2.43%
1 Month5.9%
3 Month23.35%
6 Month12.07%
12 Month38.97%
2 Year16.6%
3 Year43.51%
5 Year236.54%
10 Year366.12%
15 Year841.61%
Volatility
ATR(14)2.14
ATR(20)%2.51%
ATR Inc202.32%
Range Today4.84
ADR(20)1.85
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.15
Mansfield0.62
10 Day High87.76
10 Day Low77.19
20 Day High87.76
20 Day Low73
52 Week High87.76
52 Week Low52.76
CS1 End78.69
CR1 StartN/A
Volume & EV
DER(3)1.58%
DER(5)1.29%
Volume3.78M
Volume Incr125.56%
Vol(5)2.17M
Vol(50)1.02M