BRN Forecast and Technical Stock Analysis
Sell candidate since 2019-07-24 Loss -33.96% PDF
Barnwell Industries, Inc gained 6.14% in the last trading day ( Friday, 13th Sep 2019 ), rising from $0.65 to $0.69 During the day the stock fluctuated 10.94% from a day low at $0.66 to a day high of $0.73. The price has fallen in 5 of the last 10 days and is down by -12.01% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 29 022 more shares were traded than the day before. In total, 31 254 shares bought and sold for approximately $21 565.30.
- 30 day high of the BRN stock price was $0.94 and low was $0.65.
- 90 day high was $1.46 and low was $0.65.
- 52 week high for Barnwell Industries, Inc - $2.06 and low - $0.65.
Barnwell Industries, Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -34.65% during the next 3 months and, with 90% probability hold a price between $0.36 and $0.65 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday September 12, 2019, which indicates further gains until a new top pivot has been found. Barnwell Industries, Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Barnwell Industries, Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $0.85. On a fall, the stock will find some support from the short-term average at $0.68. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 39 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Barnwell Industries, Inc finds support from accumulated volume at $0.68.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.07 between high and low, or 10.94%. For the last week, the stock has had a daily average volatility of 7.76%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.76 %Average volatility
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!