BRN Forecast and Technical Stock Analysis
Buy candidate since 2019-12-27 Gain 18.66% PDF
Barnwell Industries, Inc gained 2.61% in the last trading day ( Friday, 17th Jan 2020 ), rising from $1.15 to $1.18 During the day the stock fluctuated 4.96% from a day low at $1.13 to a day high of $1.19. The price has risen in 6 of the last 10 days and is up by 14.56% over the past 2 weeks. Volume fell in the last day by -14 017 shares and in total, 4 264 shares bought and sold for approximately $5 031.52. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the BRN stock price was $1.29 and low was $0.55.
- 90 day high was $1.29 and low was $0.33.
- 52 week high for Barnwell Industries, Inc - $1.64 and low - $0.30.
Barnwell Industries, Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 238.32% during the next 3 months and, with 90% probability hold a price between $2.94 and $4.43 at the end of this period.
Barnwell Industries, Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $1.18 and $0.86. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday January 16, 2020, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 65 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 $1.13.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.06 between high and low, or 4.96%. For the last week the stock has had a daily average volatility of 9.34%.
Our recommended stop-loss: $1.11 (-5.95%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)
9.34 %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!
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