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BRNBarnwell Industries Inc

NYSEDaily chart
Range low retest · 18 Nov 2024

BRN slipped below its $1.89 – $3.10 range and came back to test the low on 18 Nov 2024.

Range low
$1.89
support
Range high
$3.10
64% above the low
In the range since
Mar 2023
1 yr 9 mo
Close on retest day
$1.71
10% below the range low
  • Previous range $1.31 – $2.17 lasted 7 mo and broke downward at $1.10.
  • 4 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
18 Feb 2026Still open——
30 Dec 202422 Jul 2025 · 7 moBroke below the range at $1.10—
17 Mar 20236 Dec 2024 · 1 yr 9 moBroke below the range at $1.5018 Nov 2024
24 Jan 202217 Mar 2023 · 1 yr 2 moBroke below the range at $1.89—

Retest signals

  • 18 Nov 2024 · 1 yr 8 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.