Byline Bancorp Stock Technical Analysis

BY Stock  USD 31.52  0.25  0.79%   
As of the 28th of November, Byline Bancorp shows the Risk Adjusted Performance of 0.0772, downside deviation of 1.5, and Mean Deviation of 1.54. Byline Bancorp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Byline Bancorp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Byline, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Byline
  
Byline Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Byline Bancorp Analyst Consensus

Target PriceAdvice# of Analysts
24.8Buy6Odds
Byline Bancorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Byline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Byline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Byline Bancorp, talking to its executives and customers, or listening to Byline conference calls.
Byline Analyst Advice Details
Byline Bancorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Byline Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Byline Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Byline Bancorp Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Byline Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Byline Bancorp Trend Analysis

Use this graph to draw trend lines for Byline Bancorp. You can use it to identify possible trend reversals for Byline Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Byline Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Byline Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Byline Bancorp applied against its price change over selected period. The best fit line has a slop of   0.11  , which suggests that Byline Bancorp will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 423.42, which is the sum of squared deviations for the predicted Byline Bancorp price change compared to its average price change.

About Byline Bancorp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Byline Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Byline Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Byline Bancorp price pattern first instead of the macroeconomic environment surrounding Byline Bancorp. By analyzing Byline Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Byline Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Byline Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01170.0160.01550.00856
Price To Sales Ratio3.392.652.673.63

Byline Bancorp November 28, 2024 Technical Indicators

Most technical analysis of Byline help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Byline from various momentum indicators to cycle indicators. When you analyze Byline charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Additional Tools for Byline Stock Analysis

When running Byline Bancorp's price analysis, check to measure Byline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Byline Bancorp is operating at the current time. Most of Byline Bancorp's value examination focuses on studying past and present price action to predict the probability of Byline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byline Bancorp's price. Additionally, you may evaluate how the addition of Byline Bancorp to your portfolios can decrease your overall portfolio volatility.