RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BYDDF
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BYD Company stock price ended at $25.82 on Wednesday, after losing 4.44%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Loss -4.37% PDF

The BYD Company stock price fell by -4.44% on the last day (Wednesday, 27th Mar 2024) from $27.02 to $25.82. During the last trading day the stock fluctuated 5.30% from a day low at $25.45 to a day high of $26.80. The price has been going up and down for this period, and there has been a -2.55% loss for the last 2 weeks. Volume has increased on the last day by 217 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 326 thousand shares were bought and sold for approximately $8.41 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect BYD Company stock with a 90% probability to be traded between $22.01 and $27.63 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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BYDDF Signals & Forecast

The BYD Company stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $27.08. On a fall, the stock will find some support from the long-term average at approximately $25.12. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -6.50%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for BYD Company stock

BYD Company finds support from accumulated volume at $25.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.35 between high and low, or 5.30%. For the last week, the stock has had daily average volatility of 4.82%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BYDDF) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BYD Company Ltd to open at $26.02, and during the day (based on 14 day Average True Range), to move between $24.73 and $26.91, which gives a possible trading interval of +/-$1.09 (+/-4.21%) up or down from last closing price. If BYD Company Ltd takes out the full calculated possible swing range there will be an estimated 8.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.35 (1.82%) than the resistance at $26.50 (2.61%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is BYD Company Ltd stock A Buy?

BYD Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.086 Sell Candidate Unchanged

Predicted Opening Price for BYD Company Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$26.02 ( 0.788%) $25.82

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BYDDF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.37 6.02 %
R2 26.86 4.02 %
R1 26.54 2.78 %
Current price: 25.82
Support S1 25.51 -1.21 %
S2 25.19 -2.44 %
S3 24.67 -4.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 27.27 5.62 %
R2 27.07 4.86 %
R1 26.50 2.61 %
Current price 25.82
Support S1 25.35 -1.82%
S2 25.08 -2.87%
S3 22.80 -11.70%

BYDDF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 13, 2023 Jun 13, 2023 Jun 13, 2023 $0.161 0.487%
2 Jun 13, 2022 Jun 13, 2022 Aug 04, 2017 $0.0160 0.256%
3 Jun 10, 2021 Jun 10, 2021 Aug 18, 2020 $0.0230 0.251%
4 Jun 11, 2019 Jun 11, 2019 Aug 31, 2018 $0.0290 0.492%
5 Jul 02, 2014 Jul 02, 2014 Jul 02, 2014 $0.0080 0.136%

FAQ

What is the symbol for BYD Company Stock and on which exchange is it traded?
The symbol for BYD Company is BYDDF and it is traded on the PINK (Pink Sheets).

Should I buy or sell BYD Company Stock?
BYD Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy BYD Company Stock?
BYD Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BYD Company Stock.

What's the current price of BYD Company Stock?
As of the end of day on the 2024-03-27, the price of an BYD Company (BYDDF) share was $25.82.

What is the 52-week high and low for BYD Company Stock?
The 52-week high for BYD Company Stock is $36.27 and the 52-week low is $21.80.

What is the market capitalization of BYD Company Stock?
As of the 2024-03-27, the market capitalization of BYD Company is 81.715B.
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About BYD Company Ltd

BYD Company BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. It operates through three segments: Rechargeable Batteries and Photovoltaic Products; Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The company offers internal combustion,... BYDDF Profile

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