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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than BYL.
BYL is part of the Electronic Equipment, Instruments & Components industry. There are 15 other stocks in this industry, of which 64% are performing better than BYL.
BYL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BYL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
0.22
0.28
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.28 from a trend line 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 | 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 | 13.74 | NEGATIVE | BYL.CA has a low relative strength, it was outperformed by 86.26% 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) | 35.33 | 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) | 20.23 | NEUTRAL | The Stochastics value for BYL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for BYL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.28 | 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 (6/11/2025, 7:00:00 PM)
0.225
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week-4.26%
2 Weeks-8.16%
1 Month-19.64%
3 Month-16.67%
6 Month-50%
12 Month-19.64%
2 Year-41.56%
3 Year-50%
5 Year-78.16%
10 Year-86.36%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.22%
ATR Inc-34.37%
Range Today0.01
ADR(20)0.01
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.74
Mansfield-3.55
10 Day High0.25
10 Day Low0.22
20 Day High0.28
20 Day Low0.22
52 Week High0.63
52 Week Low0.2
CS1 EndN/A
CR1 Start0.23
Volume & EV
DER(3)-5.87%
DER(5)-7.29%
Volume39.00K
Volume Incr30.02%
Vol(5)62.68K
Vol(50)44.29K