Shares of Byrna (NASDAQ:BYRN) surged 7.1% as technical indicators suggested the stock was oversold and due for a rebound, following an 11.2% decline over four weeks. The Relative Strength Index (RSI) was at 29.16, indicating potential for a price reversal. Byrna’s shares are highly volatile, with 60 moves over 5% in the last year. The recent drop was influenced by major indices pulling back from record highs, reflecting a shift in internal momentum rather than major economic news. Byrna is down 39.3% for the year and trading 49.7% below its 52-week high.

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Read more at Barchart: Why Is Byrna (BYRN) Stock Soaring Today