BYRNA TECHNOLOGIES INC (BYRN) Technical Analysis
NASDAQ:BYRN • US12448X2018
Current stock price
BYRN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BYRN. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BYRN is a bad performer in the overall market: 98% of all stocks are doing better.
- BYRN is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, of which 86% are performing better than BYRN.
- BYRN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BYRN has a been trading in the 5.56 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
BYRN Weekly and Daily overview Charts
BYRN Setup Rating and Analysis
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
BYRN Support and Resistance Analysis
6.17
3 important resistance areas can be observed.
- A resistance zone ranging from 6.67 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.68 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.29 from a trend line in the daily time frame.
BYRN Technical Indicator Signal Analysis
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 | 2.14 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 97.86% off all stocks 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) | 32.94 | NEUTRAL | The RSI value for BYRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BYRN has a positive trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests BYRN may be oversold. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for BYRN suggests high volalility. |
| Average Directional Index/ADX (14) | 37.28 | POSITIVE | The high ADX value value for BYRN suggests a strong trend. |
BYRN Chart- and CandleStick Pattern Analysis
BYRN Technicals: Chart, Performance Metrics, Trend & Indicators
6.23
+0.05 (+0.81%)
BYRNA TECHNOLOGIES INC / BYRN TA 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.
Can you provide the RSI signal for BYRNA TECHNOLOGIES INC?
BYRNA TECHNOLOGIES INC (BYRN) has an RSI value of 32.9386. This indicates that the stock is currently neutral.
What is the short term momentum for BYRNA TECHNOLOGIES INC (BYRN) stock?
The short term momentum for BYRNA TECHNOLOGIES INC (BYRN) is negative.
What is the buy/sell signal for BYRN stock?
The buy/sell signal for BYRNA TECHNOLOGIES INC (BYRN) is sell as both the short term and long term trends are negative.