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 bad technical rating, but it does show a decent setup pattern. 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.
15.91
2 important support areas can be observed.
6 important resistance areas can be observed.
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 | 8.7 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 91.3% 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%)
ChartMill assigns a technical rating of 0 / 10 to BYRN.
The current trend direction for BYRNA TECHNOLOGIES INC (BYRN) is Bearish.
BYRNA TECHNOLOGIES INC (BYRN) has an RSI value of 47.7137. This indicates that the stock is currently neutral.
The MACD indicator for BYRNA TECHNOLOGIES INC (BYRN) has a value of 0.0847894, indicating a bearish trend.
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.