BEYOND INC (BYON) Technical Analysis
NYSE:BYON • US6903701018
Current stock price
BYON Technical Rating and Analysis
Taking everything into account, BYON scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BYON is only an average performer.
- The long and short term trends are both positive. This is looking good!
- BYON is one of the better performing stocks in the Specialty Retail industry, it outperforms 81% of 124 stocks in the same industry.
- BYON has an average volume of 3112300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, BYON did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BYON is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BYON is lagging the market slightly.
- In the last month BYON has a been trading in the 7.81 - 10.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BYON Weekly and Daily overview Charts
BYON Setup Rating and Analysis
Besides having an excellent technical rating, BYON also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BYON in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BYON Support and Resistance Analysis
8.74
3 important support areas can be observed.
- A support zone ranging from 9.31 to 9.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.11 from a horizontal line in the daily time frame.
- A support zone ranging from 8.83 to 8.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- Resistance @9.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.95 to 10.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
BYON Technical Indicator Signal Analysis
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 BYON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYON is up. |
| ChartMill Relative Strength | 79.97 | POSITIVE | BYON has a high relative strength, it outperformed 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BYON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.14 | NEUTRAL | The RSI value for BYON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BYON has a negative trend. |
| Stochastics (14,3) | 69.21 | NEUTRAL | The Stochastics value for BYON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for BYON suggests high volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for BYON suggests a possible start of a new trend. |
BYON Chart- and CandleStick Pattern Analysis
BYON Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.72 | 9.30 | 0.42 (4.32%) | 23.14% |
| An entry @9.72. This is a Buy Stop order right above the resistance zone. | An exit @9.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 4.32%. | When investing 23.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BYON. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BYON Technicals: Chart, Performance Metrics, Trend & Indicators
9.44
+0.32 (+3.51%)
BEYOND INC / BYON TA FAQ
Can you provide the ChartMill technical rating for BEYOND INC?
ChartMill assigns a technical rating of 8 / 10 to BYON.
What is the trend direction for BYON stock?
The current trend direction for BEYOND INC (BYON) is Bullish.
What is the RSI signal for BYON stock?
BEYOND INC (BYON) has an RSI value of 55.1404. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BEYOND INC?
The buy/sell signal for BEYOND INC (BYON) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BEYOND INC?
BEYOND INC (BYON) has a support level at 9.43 and a resistance level at 9.71. Check the full technical report for our detailed analysis of BYON support and resistance levels.