BYW6 Technical Analysis - BAYWA-BAYERISCHE WARENVERMIT

Technical Rating and Analysis

Overall BYW6 gets a technical rating of 0 out of 10. BYW6 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.

95% of all other stocks performed better in the past year than BYW6.

BYW6 is part of the Industrial Conglomerates industry. There are 16 other stocks in this industry, of which 86% are performing better than BYW6.

BYW6 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.

In the last month BYW6 has a been trading in the 7.53 - 8.76 range, which is quite wide. It is currently trading near the lows of this range.

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

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

BAYWA-BAYERISCHE WARENVERMIT / BYW6 Weekly stock chart

BAYWA-BAYERISCHE WARENVERMIT / BYW6 Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, BYW6 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.57, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

7.40

8.95

We found 1 important support area.

A support zone ranging from 7.47 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 8.49 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @8.86 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for BYW6.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BYW6.DE is down.
ChartMill Relative Strength	5.47	NEGATIVE	BYW6.DE has a low relative strength, it was outperformed by 94.53% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BYW6.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BYW6.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BYW6.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	37.82	NEUTRAL	The RSI value for BYW6.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests BYW6.DE has a positive trend.
Stochastics (14,3)	20	NEUTRAL	The Stochastics value for BYW6.DE is a neutral value.
Average True Range in percent/ATR (20)	4.54	MEDIUM VOLATILITY	The ATR as a percentage value for BYW6.DE suggests some volalility.
Average Directional Index/ADX (14)	20.24	NEUTRAL	The ADX value for BYW6.DE suggests a possible start of a new trend.