BYRNA TECHNOLOGIES INC (BYRN) Stock Technical Analysis
NASDAQ:BYRN - US12448X2018 - Common Stock
19.62 USD
+0.68 (+3.59%)
19.62 USD
0 (0%)
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.
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: 72% of all stocks are doing better.
BYRN is part of the Aerospace & Defense industry. There are 69 other stocks in this industry, of which 70% are performing better than BYRN.
BYRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BYRN is lagging the market.
In the last month BYRN has a been trading in the 18.30 - 22.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BYRN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.18, a Stop Loss order could be placed below this zone.
More info and screens
15.68
34.53
We found 2 important support areas.
- A support zone ranging from 18.94 to 19.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.84 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.07 to 20.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.03 from a horizontal 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 | 28.82 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 71.18% 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) | UP | MIXED | The current price of BYRN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.36 | NEUTRAL | The RSI value for BYRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BYRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.17 | NEUTRAL | The Stochastics value for BYRN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for BYRN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.86 | POSITIVE | The high ADX value value for BYRN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.62
+0.68 (+3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg3.59%
1 Week-0.41%
2 Weeks2.13%
1 Month-7.63%
3 Month-37.42%
6 Month-12.72%
12 Month36.72%
2 Year775.89%
3 Year317.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%6.46%
ATR Inc109%
Range Today1.38
ADR(20)1.24
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.82
Mansfield-2.18
10 Day High22.02
10 Day Low18.9
20 Day High22.02
20 Day Low18.3
52 Week High34.78
52 Week Low13.1
CS1 End19.18
CR1 Start20.07
Volume & EV
DER(3)0.61%
DER(5)1.42%
Volume813.50K
Volume Incr43%
Vol(5)637.10K
Vol(50)660.66K