BANYAN GOLD CORP (BYN.CA) Stock Technical Analysis
TSX-V:BYN - CA06683K1066 - Common Stock
0.64 CAD
-0.01 (-1.54%)
Taking everything into account, BYN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BYN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BYN is one of the better performing stocks in the market, outperforming 97% of all stocks.
BYN is part of the Metals & Mining industry. There are 803 other stocks in this industry. BYN outperforms 95% of them.
BYN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BYN is lagging the market slightly.
In the last month BYN has a been trading in the 0.35 - 0.74 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BYN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.23
0.65
We found 1 important support area.
- Support @0.23 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BYN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYN.CA is up. |
| ChartMill Relative Strength | 97.8 | POSITIVE | BYN.CA has a high relative strength, it outperformed 97.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BYN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.1 | OVERBOUGHT | The high RSI value suggests BYN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BYN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests BYN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for BYN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 67.94 | POSITIVE | The high ADX value value for BYN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:BYN (9/4/2025, 7:00:00 PM)
0.64
-0.01 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.54%
1 Week10.34%
2 Weeks52.38%
1 Month77.78%
3 Month178.26%
6 Month178.26%
12 Month276.47%
2 Year106.45%
3 Year60%
5 Year103.18%
10 Year2460%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.13%
ATR Inc-2.33%
Range Today0.03
ADR(20)0.04
ADR(20)%6.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.8
Mansfield12.78
10 Day High0.74
10 Day Low0.42
20 Day High0.74
20 Day Low0.35
52 Week High0.74
52 Week Low0.17
CS1 End0.23
CR1 StartN/A
Volume & EV
DER(3)-3.21%
DER(5)-3.02%
Volume1.14M
Volume Incr106.86%
Vol(5)1.55M
Vol(50)835.29K