Overall BYRN gets a technical rating of 0 out of 10. BYRN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BYRN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 16.72, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BYRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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15.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.56 to 16.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.07 to 16.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @17.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.94 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.67 to 19.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.03 from a trend line in the weekly time frame.
- Resistance @22.05 from a trend line in the daily time frame.
- Resistance @32.80 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for BYRN is neutral. |
| ChartMill Relative Strength | 8.77 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BYRN is above 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) | 47.71 | NEUTRAL | The RSI value for BYRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BYRN has a positive trend. |
| Stochastics (14,3) | 58.93 | NEUTRAL | The Stochastics value for BYRN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BYRN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.16 | NEGATIVE | The low ADX value for BYRN suggests a weak or negative trend. |
17.4
+0.03 (+0.17%)
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.
What is the current trend direction of BYRNA TECHNOLOGIES INC (BYRN) stock?
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 47.7137. 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 0.0847894, indicating a bearish trend.
Can you provide the support and resistance levels for BYRNA TECHNOLOGIES INC?
BYRNA TECHNOLOGIES INC (BYRN) has a support level at 16.72 and a resistance level at 17.5. Check the full technical report for our detailed analysis of BYRN support and resistance levels.