BANYAN GOLD CORP (BYN.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BYN - CA06683K1066 - Common Stock
Overall BYN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BYN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BYN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.87 from a trend 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 | 97.07 | POSITIVE | BYN.CA has a high relative strength, it outperformed 97.07% 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) | 54.29 | NEUTRAL | The RSI value for BYN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BYN.CA has a negative trend. |
| Stochastics (14,3) | 63.27 | NEUTRAL | The Stochastics value for BYN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for BYN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.58 | POSITIVE | The high ADX value value for BYN.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.99 | 0.92 | 0.07 (6.69%) | 14.94% |
| An entry @0.99. This is a Buy Stop order right above the 10 day moving average. | An exit @0.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 6.69%. | When investing 14.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BYN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:BYN (12/12/2025, 7:00:00 PM)
0.94
-0.06 (-6%)
BANYAN GOLD CORP / BYN.CA FAQ
What is the ChartMill technical rating of BANYAN GOLD CORP (BYN.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to BYN.CA.
What is the current trend direction of BANYAN GOLD CORP (BYN.CA) stock?
The current trend direction for BANYAN GOLD CORP (BYN.CA) is Bullish.
What is the RSI signal for BYN stock?
BANYAN GOLD CORP (BYN.CA) has an RSI value of 54.2857. This indicates that the stock is currently neutral.
What is the short term momentum for BANYAN GOLD CORP (BYN.CA) stock?
The short term momentum for BANYAN GOLD CORP (BYN.CA) is positive.
What is the buy/sell signal for BYN stock?
The buy/sell signal for BANYAN GOLD CORP (BYN.CA) is buy as both the short term and long term trends are positive.