BYRNA TECHNOLOGIES INC (BYRN) Stock Technical Analysis
NASDAQ:BYRN - Nasdaq - US12448X2018 - Common Stock - Currency: USD
Overall BYRN gets a technical rating of 9 out of 10. In the last year, BYRN was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BYRN is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by BYRN over the past year are nicely spread over this period.
BYRN is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 93% of 65 stocks in the same industry.
BYRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BYRN is lagging the market slightly.
In the last month BYRN has a been trading in the 25.58 - 34.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BYRN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.46, a Stop Loss order could be placed below this zone.
More info and screens
10.87
33.17
5 important support areas can be observed.
- A support zone ranging from 28.22 to 28.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.86 to 27.23. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @26.14 from a horizontal line in the daily time frame.
- Support @21.88 from a trend line in the daily time frame.
- Support @10.98 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.80 to 32.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.74
Mansfield6.12
10 Day High34.78
10 Day Low26
20 Day High34.78
20 Day Low25.58
52 Week High34.78
52 Week Low7.79
Performance
1 Week-4.84%
2 Weeks10.14%
1 Month-6.25%
3 Month36.91%
6 Month163.55%
12 Month142.92%
2 Year252.78%
3 Year191.46%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)48.21
LBB24.47
UBB35.55
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.85 | 28.21 | 4.64 (14.12%) | 7.08% |
| An entry @32.85. This is a Buy Stop order right above the resistance zone. | An exit @28.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.64 points, which is 14.12%. | When investing 7.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
29.175
-2.93 (-9.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-9.11%
1 Week-4.84%
2 Weeks10.14%
1 Month-6.25%
3 Month36.91%
6 Month163.55%
12 Month142.92%
2 Year252.78%
3 Year191.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.05
ATR(20)%9.4%
ATR Inc42.72%
Range Today4.44
ADR(20)2.61
ADR(20)%8.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.74
Mansfield6.12
10 Day High34.78
10 Day Low26
20 Day High34.78
20 Day Low25.58
52 Week High34.78
52 Week Low7.79
CS1 End28.46
CR1 Start32.8
Volume & EV
DER(3)-4.69%
DER(5)-0.54%
Volume1.12M
Volume Incr13.14%
Vol(5)665.12K
Vol(50)585.32K