BAYLIN TECHNOLOGIES INC (BYL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BYL - CA0728191051 - Common Stock
We assign a technical rating of 2 out of 10 to BYL. 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.
- 88% of all other stocks performed better in the past year than BYL.
- BYL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 71% of 15 stocks in the same industry do better.
- BYL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month BYL has a been trading in the 0.24 - 0.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BYL has a poor technical rating and the quality of the setup is also only medium 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
0.21
We found 3 important support areas.
- A support zone ranging from 0.27 to 0.27. 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 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.28 from a trend line in the weekly time frame.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.31 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BYL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BYL.CA is neutral. |
| ChartMill Relative Strength | 12.44 | NEGATIVE | BYL.CA has a low relative strength, it was outperformed by 87.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BYL.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.59 | NEUTRAL | The RSI value for BYL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BYL.CA has a positive trend. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for BYL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for BYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for BYL.CA suggests a possible start of a new trend. |
TSX:BYL (1/22/2026, 7:00:00 PM)
0.28
+0.01 (+1.82%)
BAYLIN TECHNOLOGIES INC / BYL.CA FAQ
Can you provide the ChartMill technical rating for BAYLIN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 2 / 10 to BYL.CA.
What is the current trend direction of BAYLIN TECHNOLOGIES INC (BYL.CA) stock?
The current trend direction for BAYLIN TECHNOLOGIES INC (BYL.CA) is Bearish.
What is the RSI signal for BAYLIN TECHNOLOGIES INC (BYL.CA) stock?
BAYLIN TECHNOLOGIES INC (BYL.CA) has an RSI value of 54.5937. This indicates that the stock is currently neutral.
What is the short term momentum for BAYLIN TECHNOLOGIES INC (BYL.CA) stock?
The short term momentum for BAYLIN TECHNOLOGIES INC (BYL.CA) is neutral.
What is the support and resistance level for BYL stock?
BAYLIN TECHNOLOGIES INC (BYL.CA) has a support level at 0.27 and a resistance level at 0.28. Check the full technical report for our detailed analysis of BYL.CA support and resistance levels.