BAYLIN TECHNOLOGIES INC (BYL.CA) Stock Technical Analysis
TSX:BYL - CA0728191051 - Common Stock
0.32 CAD
-0.02 (-5.88%)
Overall BYL gets a technical rating of 8 out of 10. Although BYL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BYL did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
BYL is part of the Electronic Equipment, Instruments & Components industry. There are 14 other stocks in this industry, BYL did better than 46% of them.
BYL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BYL is lagging the market.
In the last month BYL has a been trading in the 0.24 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BYL has an excellent technical rating, the quality of the presented setup is not ideal 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
0.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.22 from a trend line in the weekly time frame.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.35 from a trend line in the daily time frame.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines 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 BYL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYL.CA is up. |
| ChartMill Relative Strength | 74.15 | POSITIVE | BYL.CA has a high relative strength, it outperformed 74.15% 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) | UP | POSITIVE | The current price of BYL.CA is above the rising 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) | 55 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for BYL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.58 | HIGH VOLATILITY | The high ATR as a percentage value for BYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.57 | NEGATIVE | The low ADX value for BYL.CA 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)
TSX:BYL (8/29/2025, 7:00:00 PM)
0.32
-0.02 (-5.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.88%
1 Week-9.86%
2 Weeks12.28%
1 Month23.08%
3 Month30.61%
6 Month6.67%
12 Month16.36%
2 Year16.36%
3 Year-8.57%
5 Year-57.89%
10 Year-80.37%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.58%
ATR Inc-30.86%
Range Today0.02
ADR(20)0.02
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.15
Mansfield-1.37
10 Day High0.38
10 Day Low0.27
20 Day High0.38
20 Day Low0.24
52 Week High0.63
52 Week Low0.2
CS1 End0.31
CR1 Start0.35
Volume & EV
DER(3)0%
DER(5)0%
Volume17.51K
Volume Incr-20.96%
Vol(5)61.31K
Vol(50)83.23K