Taking everything into account, BYRN scores 0 out of 10 in our technical rating. 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.
BYRN has a poor technical rating and the quality of the setup is also only medium 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
15.91
2 important support areas can be observed.
- A support zone ranging from 16.52 to 16.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.07 to 16.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @17.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.30 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.51 from a trend line in the weekly time frame.
- Resistance @22.50 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 | DOWN | NEGATIVE | The short term trend for BYRN is down. |
| ChartMill Relative Strength | 9.98 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 90.02% 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) | 40.28 | NEUTRAL | The RSI value for BYRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BYRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.05 | NEUTRAL | The Stochastics value for BYRN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for BYRN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for BYRN suggests a weak or negative trend. |
16.72
-0.07 (-0.42%)
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 40.2769. 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 -0.0655668, 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 16.71 and a resistance level at 17.5. Check the full technical report for our detailed analysis of BYRN support and resistance levels.