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Bytes Technology Group (BYIT.L)

A leading UK-focused IT software, security, and cloud services provider helping organizations navigate complex digital transformation journeys.

What Bytes Technology Group does

Bytes Technology Group is a UK-based IT services provider specializing in software, security, and cloud solutions. The company assists businesses and public sector organizations with software licensing, cloud migration, digital transformation, and cybersecurity management.

Themes: cloud services, cybersecurity, IT infrastructure, digital transformation, software licensing

Fundamentals

Dividend: company fundamentals are not available for UK-listed companies in our data.

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How Bytes Technology Group looks technically

Bytes Technology Group (BYIT.L) is trading 17.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 27 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative). It made a new 20-day high about 14 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move. Trading volume is unusually light — only about 0% of its 30-day average.

Trend

Distance from the 200-day+17.1%it is trading 17.1% above its 200-day average, the long-term trend line — a longer-term uptrend
50-day moving average£3.88its average price over the last 50 trading days — a short-term trend line — is £3.88
200-day moving average£3.44its average price over the last 200 trading days — the long-term trend line — is £3.44
Since the 50/200 cross27 sessionsits 50-day average crossed above its 200-day average about 27 trading days ago — a "golden cross", a bullish long-term signal
Trend strength (14-day ADX)17.9there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend)

Momentum

14-day RSI50.8momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30)
Since the MACD crossed zero10 sessionsMACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative)

Range

52-week high£4.32its highest closing price over the past year (about 252 trading days) was £4.32
From the 52-week high-6.7%it is 6.7% below its 52-week high (its highest price of the past year)
Above the 52-week low+62.0%it is 61.9% above its 52-week low (its lowest price of the past year)
Below the 52-week high6.7%it is 6.7% below its highest point of the past year
Since a 20-day breakout14 sessionsit made a new 20-day high about 14 trading days ago
Since a 55-day breakout14 sessionsit made a new 55-day high about 14 trading days ago
All-time high£6.65its highest closing price on record is £6.65 (set on 2024-01-30)
From the all-time high-39.5%it is 39.5% below its all-time high
All-time low£0.0495its lowest closing price on record is £0.0495 (set on 2024-07-23)
Above the all-time low+8,033%it is 8033.3% above its all-time low

Volatility

Band width vs its own 6 months1st percentileday-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move
Bollinger bands (20-day, ±2σ)£3.95 – £4.12 – £4.28most of its recent trading has stayed between about £3.95 and £4.28 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles

Volume

Volume vs its 30-day average0.00×trading volume is unusually light — only about 0% of its 30-day average

Based on daily closing prices as of 2026-08-03. Describes past price behavior only — informational, not financial advice.

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Key risks (from latest filing)

["reliance on key vendor partnerships and software licensing agreements","intense competition in the UK IT reseller and services market","potential disruptions to global supply chains and IT vendor distribution channels"]

See BYIT.L's biggest risks from its latest 10-Q →

Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does Bytes Technology Group (BYIT.L) do?

Bytes Technology Group is a UK-based IT services provider specializing in software, security, and cloud solutions. The company assists businesses and public sector organizations with software licensing, cloud migration, digital transformation, and cybersecurity management.

Who are Bytes Technology Group's (BYIT.L) competitors?

Notable peers of Bytes Technology Group (BYIT.L) include Softcat, Computacenter, SCC, Insight Enterprises and CDW. This peer set is informational only — not financial advice.

Is Bytes Technology Group (BYIT.L) overbought or oversold right now?

Bytes Technology Group (BYIT.L) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 51, in the neutral middle (as of 2026-08-03). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on BYIT.L come from?

Fundamentals and prices come from market data. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: market data. Prices are delayed daily-close data.

Last updated 2026-08-03.

Informational only — NOT financial advice. All figures are delayed daily-close data from market data, shown with their as-of date.