Byline Bancorp Technical Analysis Overview

BY -- USA Stock  

USD 22.92  1.08  4.50%

Byline Bancorp shows Downside Deviation of 0.9037, Risk Adjusted Performance of 0.01 and Mean Deviation of 0.9515. 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 future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Byline Bancorp which can be compared to its rivals. Please confirm Byline Bancorp Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Byline Bancorp is priced correctly providing market reflects its regular price of 22.92 per share. Given that Byline Bancorp has Jensen Alpha of 0.0, we suggest you validate Byline Bancorp prevailing market performance to make sure the company can sustain itself at future point.
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Byline Bancorp Technical Analysis

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The output start index for this execution was five with a total number of output elements of twelve. 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. View also all equity analysis or get more info about average true range volatility indicators indicator.

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 0.08 % which suggests that Byline Bancorp will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 5.45, which is the sum of squared deviations for the predicted Byline Bancorp price change compared to its average price change.

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Byline Bancorp Market Strength

Byline Bancorp June 21, 2018 Daily Price Condition
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