BROADWAY FINANCIAL CORP/DE (BYFC) Stock Technical Analysis
NASDAQ:BYFC - Nasdaq - US1114447097 - Common Stock - Currency: USD
Taking everything into account, BYFC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BYFC is showing a nice and steady performance.
Warning: BYFC has an average volume of 8754 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BYFC did better than 89% of all other stocks. On top of that, BYFC also shows a nice and consistent pattern of rising prices.
BYFC is one of the better performing stocks in the Banks industry, it outperforms 97% of 392 stocks in the same industry.
BYFC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BYFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BYFC is lagging the market.
BYFC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
6.08
8.37
4 important support areas can be observed.
- A support zone ranging from 7.19 to 7.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.86 from a horizontal line in the daily time frame.
- Support @6.30 from a trend line in the weekly time frame.
- Support @6.14 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.09 to 8.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 BYFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYFC is up. |
| ChartMill Relative Strength | 89.69 | POSITIVE | BYFC has a high relative strength, it outperformed 89.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BYFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.81 | NEUTRAL | The RSI value for BYFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BYFC has a negative trend. |
| Stochastics (14,3) | 46.11 | NEUTRAL | The Stochastics value for BYFC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BYFC suggests some volalility. |
| Average Directional Index/ADX (14) | 45.81 | POSITIVE | The high ADX value value for BYFC 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)
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 |
|---|---|---|---|
| 8.30 | 7.70 | 0.60 (7.23%) | 13.83% |
| An entry @8.30. This is a Buy Stop order right above the resistance zone. | An exit @7.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.60 points, which is 7.23%. | For a 1.00% total portfolio risk, you can invest 13.83% 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.
NASDAQ:BYFC (8/6/2025, 8:11:34 PM)
8.04
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.12%
1 Week2.29%
2 Weeks-2.9%
1 Month4.69%
3 Month22.75%
6 Month4.82%
12 Month56.12%
2 Year11.65%
3 Year-7.8%
5 Year-45.97%
10 Year-31.16%
15 Year-61.93%
Volatility
ATR(14)0.33
ATR(20)%4.47%
ATR Inc-61.95%
Range Today0.21
ADR(20)0.31
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.69
Mansfield0.55
10 Day High8.85
10 Day Low7.71
20 Day High8.85
20 Day Low7.07
52 Week High9.46
52 Week Low4.87
CS1 End7.21
CR1 Start8.09
Volume & EV
DER(3)1.87%
DER(5)2.61%
Volume4.20K
Volume Incr89.18%
Vol(5)18.18K
Vol(50)8.75K