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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than BYRN.
- BYRN is one of the lesser performing stocks in the Aerospace & Defense industry. 85% of 79 stocks in the same industry do better.
- BYRN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BYRN is lagging the market.
- In the last month BYRN has a been trading in the 8.88 - 13.79 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
BYRN has a poor technical rating and the quality of the setup is also not perfect 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
9.01
When analyzing the support we notice one important area.
- A support zone ranging from 9.10 to 9.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.70 from a trend line in the daily time frame.
- Resistance @11.52 from a trend line in the daily time frame.
- Resistance @14.67 from a trend line in the weekly 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 | 6.05 | NEGATIVE | BYRN has a low relative strength, it was outperformed by 93.95% 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) | 26.19 | OVERSOLD | The low RSI value suggests BYRN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BYRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.37 | OVERSOLD | The low Stochastics value suggests BYRN may be oversold. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for BYRN suggests high volalility. |
| Average Directional Index/ADX (14) | 45.6 | 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
9.29
+0.18 (+1.98%)
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.
What is the RSI signal for BYRNA TECHNOLOGIES INC (BYRN) stock?
BYRNA TECHNOLOGIES INC (BYRN) has an RSI value of 26.1936. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BYRNA TECHNOLOGIES INC?
The MACD indicator for BYRNA TECHNOLOGIES INC (BYRN) has a value of -0.0896894, 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 9.1 and a resistance level at 10.7. Check the full technical report for our detailed analysis of BYRN support and resistance levels.