BRN — Barnwell Industries Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BRN Bearish with a Setup Score of 50, net conviction 41, actionability 62. How the Setup Score works →

Total Setup Score50
Directional BiasBearish
Net Conviction41
Actionability62 (in range)

Key signals behind this score

About Barnwell Industries Inc

Barnwell Industries, Inc., together with its subsidiaries, acquires and develops crude oil and natural gas assets in Canada. It operates through two segments: Oil and Natural Gas and Land Investment. The company produces and sells oil, natural gas, and natural gas liquids; and owns interest in land developments. The company was incorporated in 1956 and is headquartered in Honolulu, Hawaii.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$0.95
Market Cap$14.0M
Float7.3M
Shares Outstanding14.4M
P/E (Forward)13.57
Price/Sales (TTM)1.20
Profit Margin-46.69%
Operating Margin (TTM)-18.17%
Revenue (TTM)$11.7M
Earnings Growth (YoY)-0.60%
Dividend RateNone

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $18.3M -$4.8M $3.5M -$2.0M
2021 $18.1M $6.3M $5.0M $9.1M
2022 $27.1M $5.5M $10.3M $8.6M
2023 $25.0M -$961,000 $4.5M $4.4M
2024 $21.7M -$5.6M $2.3M $890,000
2025 $13.7M -$6.9M $1.6M -$3.1M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $3.0M -$2.4M
Dec 2025 $2.7M -$1.4M
Mar 2026 $2.5M -$1.1M
Jun 2026 $3.4M -$440,000

Ownership & Float

Insider Ownership45.6%
Institutional Ownership22.6%
Short Float1.0%
% of All Funds Holding0.26%
Number of Funds Holding23

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$1.01Near-term / short-term trend
Weekly40-Week SMA$1.08Medium-term trend
Weekly80-Week SMA$1.19Cyclical trend (business cycle)
Weekly200-Week SMA$1.93Secular trend (multi-year)
Monthly10-Month SMA$1.09Near-term monthly trend
Monthly20-Month SMA$1.22Medium-term monthly trend
Monthly40-Month SMA$1.81Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.20 resistance 2.29x 4 months ago
$1.80 resistance 1.09x 19 months ago
$2.20 resistance 5.33x 21 months ago

Historical Earnings Reactions (64 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.87% -0.40% 29.69% 7.76% -11.54%
1 Day -1.07% -1.15% 26.56% 7.48% -16.08%
1 Week 0.72% 0.39% 53.13% 75.41% -30.00%
2 Weeks 0.40% -0.76% 47.62% 68.85% -49.23%
1 Month 2.96% -1.08% 47.62% 128.71% -61.54%

Next earnings: October 31, 2026 (65 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan6.2%51.0%51
Feb-1.4%45.1%51
Mar1.6%47.1%51
Apr3.1%52.9%51
May1.9%43.1%51
Jun-1.1%39.2%51
Jul-0.2%35.3%51
Aug-1.0%42.0%50
Sep-1.7%40.0%50
Oct-2.4%44.0%50
Nov1.5%44.0%50
Dec4.7%51.0%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.11% 32.0% 2397
Tuesday 0.07% 30.9% 2599
Wednesday 0.03% 30.8% 2600
Thursday 0.07% 30.0% 2550
Friday 0.08% 31.6% 2535

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 22.6%

Insider Transactions — Smart Summary

Total insider ownership: 45.6%

12-Month Insider Activity Summary

Total Filings5
Net Value+$48,175.6
Net Shares Change-152,885
% of Float-2.1%
C-Suite Filings1
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
SHERWOOD NED L -$361,551.466 1 1 sell
Horowitz Joshua +$70,173.95 2 3 buy
GROSSMAN KENNETH S +$65,519.3 1 1 buy
Patman Philip F Jr Executive VP - Finance +$48,175.6 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-11-26 – 2025-12-04 4 4 -$182,337.266 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-11-26 Horowitz Joshua +$65,519.3 Transaction at $1.10, now -13.6%
2025-11-26 Patman Philip F Jr Executive VP - Finance +$48,175.6 Transaction at $1.10, now -13.6%
2026-02-27 Horowitz Joshua +$4,654.65 Transaction at $1.05, now -9.5%
2025-11-26 GROSSMAN KENNETH S +$65,519.3 Transaction at $1.10, now -13.6%
2025-12-04 SHERWOOD NED L -$361,551.466 Transaction at $1.13, now -15.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Barnwell Industries Inc (BRN) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BRN on Trend Edge →