BYRNA TECHNOLOGIES INC (BYRN) Stock Technical Analysis
USA - NASDAQ:BYRN - US12448X2018 - Common Stock
Overall BYRN gets a technical rating of 0 out of 10. BYRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BYRN is bad and it also does not present a quality setup 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
16.04
When analyzing the support we notice one important area.
- Support @16.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @24.41 from a trend line in the weekly time frame.
- Resistance @25.77 from a trend line in the daily time frame.
- Resistance @32.80 from a horizontal line in the weekly time frame.
- Resistance @34.19 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 | DOWN | NEGATIVE | The long term trend for BYRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYRN is down. |
| ChartMill Relative Strength | 31.67 | NEUTRAL | BYRN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BYRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.23 | NEUTRAL | The RSI value for BYRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests BYRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.26 | OVERSOLD | The low Stochastics value suggests BYRN may be oversold. |
| Average True Range in percent/ATR (20) | 7.65 | HIGH VOLATILITY | The high ATR as a percentage value for BYRN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.16 | NEGATIVE | The low ADX value for BYRN suggests a weak or negative trend. |
18.44
+1.08 (+6.22%)
BYRNA TECHNOLOGIES INC / BYRN FAQ
What is the ChartMill technical rating of BYRNA TECHNOLOGIES INC (BYRN) stock?
ChartMill assigns a technical rating of 0 / 10 to BYRN.
Can you provide the trend direction for BYRNA TECHNOLOGIES INC?
The current trend direction for BYRNA TECHNOLOGIES INC (BYRN) is Bearish.
What is the RSI signal for BYRNA TECHNOLOGIES INC (BYRN) stock?
BYRNA TECHNOLOGIES INC (BYRN) has an RSI value of 39.2299. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BYRNA TECHNOLOGIES INC?
The MACD indicator for BYRNA TECHNOLOGIES INC (BYRN) has a value of -0.352884, indicating a bearish trend.
What is the buy/sell signal for BYRNA TECHNOLOGIES INC (BYRN) stock?
The buy/sell signal for BYRNA TECHNOLOGIES INC (BYRN) is sell as both the short term and long term trends are negative.