BYW Technical Analysis - BAYWA AG

Technical Rating and Analysis

Taking everything into account, BYW scores 4 out of 10 in our technical rating. In the past year, BYW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, BYW is a bad performer in the overall market: 74% of all stocks are doing better.

Warning: BYW has an average volume of 252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

BYW is an average performer in the Trading Companies & Distributors industry, it outperforms 46% of 16 stocks in the same industry.

BYW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BYW is lagging the market.

In the last month BYW has a been trading in the 18.50 - 22.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is only medium, BYW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.70, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

17.72

26.06

When analyzing the support we can see 5 important areas.

A support zone ranging from 21.51 to 21.70. 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 20.47 to 20.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 19.96 to 20.10. 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 18.77 to 18.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 17.90 to 17.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 22.15 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @24.95 from a trend line in the daily time frame.
Resistance @25.80 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for BYW.DE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BYW.DE is neutral.
ChartMill Relative Strength	26.46	NEGATIVE	BYW.DE has a low relative strength, it was outperformed by 73.54% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BYW.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BYW.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of BYW.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)	57.63	NEUTRAL	The RSI value for BYW.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests BYW.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	65.93	NEUTRAL	The Stochastics value for BYW.DE is a neutral value.
Average True Range in percent/ATR (20)	4.93	MEDIUM VOLATILITY	The ATR as a percentage value for BYW.DE suggests some volalility.
Average Directional Index/ADX (14)	10.38	NEGATIVE	The low ADX value for BYW.DE suggests a weak or negative trend.