Should You Buy Byline Bancorp (BY) After Golden Cross?
BYByline Bancorp(BY) Zacks Investment Research·2024-05-10 22:56

After reaching an important support level, Byline Bancorp, Inc. (BY) could be a good stock pick from a technical perspective. BY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50- ...