BROADWAY FINANCIAL CORP/DE (BYFC) Stock Technical Analysis
NASDAQ:BYFC - Nasdaq - US1114447097 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BYFC. BYFC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month BYFC has a been trading in the 6.16 - 7.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BYFC has an average volume of 7230 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that BYFC is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BYFC is an average performer in the Banks industry, it outperforms 55% of 395 stocks in the same industry.
BYFC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BYFC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BYFC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BYFC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.73
8.16
2 important support areas can be observed.
- A support zone ranging from 5.99 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.79 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 6.31 to 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.63 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.01 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.87 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.08 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BYFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYFC is down. |
| ChartMill Relative Strength | 76.4 | POSITIVE | BYFC has a high relative strength, it outperformed 76.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BYFC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.43 | NEUTRAL | The RSI value for BYFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BYFC has a negative trend. |
| Stochastics (14,3) | 12.03 | OVERSOLD | The low Stochastics value suggests BYFC may be oversold. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for BYFC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for BYFC suggests a weak or negative 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)
NASDAQ:BYFC (5/23/2025, 9:17:24 PM)
6.26
-0.11 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.73%
1 Week-0.63%
2 Weeks-4.43%
1 Month-2.83%
3 Month-16.64%
6 Month-10.83%
12 Month29.34%
2 Year-15.87%
3 Year-55.29%
5 Year-45.66%
10 Year-47.83%
15 Year-78.56%
Volatility
ATR(14)0.27
ATR(20)%4.8%
ATR Inc-63.87%
Range Today0
ADR(20)0.27
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.4
Mansfield-0.64
10 Day High6.7
10 Day Low6.2
20 Day High7.1
20 Day Low6.16
52 Week High9.46
52 Week Low4.68
CS1 End6
CR1 Start6.31
Volume & EV
DER(3)5.88%
DER(5)12.23%
Volume1.90K
Volume Incr-88.31%
Vol(5)1.42K
Vol(50)7.23K