BAYLIN TECHNOLOGIES INC (BYL.CA) Stock Technical Analysis
TSX:BYL - Toronto Stock Exchange - CA0728191051 - Common Stock - Currency: CAD
Taking everything into account, BYL scores 0 out of 10 in our technical rating. BYL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BYL is a bad performer in the overall market: 89% of all stocks are doing better.
BYL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 64% of 15 stocks in the same industry do better.
BYL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BYL is lagging the market.
In the last month BYL has a been trading in the 0.21 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of BYL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.20
0.30
We found 1 important support area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.25 from a trend line in the daily time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.30 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 BYL.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYL.CA is down. |
| ChartMill Relative Strength | 11.99 | NEGATIVE | BYL.CA has a low relative strength, it was outperformed by 88.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BYL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.61 | NEUTRAL | The RSI value for BYL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BYL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.74 | OVERSOLD | The low Stochastics value suggests BYL.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for BYL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for BYL.CA suggests a possible start of a new 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)
TSX:BYL (6/13/2025, 7:00:00 PM)
0.215
+0.01 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.38%
1 Week-8.51%
2 Weeks-12.24%
1 Month-17.31%
3 Month-20.37%
6 Month-52.22%
12 Month-23.21%
2 Year-44.16%
3 Year-52.22%
5 Year-79.13%
10 Year-86.97%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5%
ATR Inc7.69%
Range Today0
ADR(20)0.01
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-3.8
10 Day High0.25
10 Day Low0.21
20 Day High0.28
20 Day Low0.21
52 Week High0.63
52 Week Low0.2
CS1 End0.2
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)-3.52%
Volume8.59K
Volume Incr2.4%
Vol(5)56.80K
Vol(50)47.39K