LON:BYG - London Exchange - GB0002869419 - REIT - Currency: GBX
Overall BYG gets a technical rating of 0 out of 10. BYG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BYG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 955.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 912.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BYG in the last couple of days, which is a good sign.
864.27
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 3 important areas.
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 BYG.L is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYG.L is down. |
ChartMill Relative Strength | 7.79 | NEGATIVE | BYG.L has a low relative strength, it was outperformed by 92.21% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BYG.L is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYG.L is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BYG.L is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for BYG.L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests BYG.L has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 50.28 | NEUTRAL | The Stochastics value for BYG.L is a neutral value. |
Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BYG.L suggests some volalility. |
Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for BYG.L suggests a weak or negative trend. |
LON:BYG (8/4/2025, 5:29:45 PM)
934
+12 (+1.3%)