IREN SPA (IRE.MI) Stock Technical Analysis
BIT:IRE - Euronext Milan - IT0003027817 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to IRE. In the last year, IRE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
IRE is one of the lesser performing stocks in the Multi-Utilities industry. 66% of 13 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
IRE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so IRE slightly outperforms the market at the moment.
In the last month IRE has a been trading in the 2.01 - 2.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IRE has an average volume of 1582740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, IRE outperforms 55% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
IRE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.73
2.15
5 important support areas can be observed.
- Support @1.99 from a horizontal line in the daily time frame.
- A support zone ranging from 1.91 to 1.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.79 from a trend line in the weekly time frame.
- Support @1.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.09 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.67
Mansfield0.46
10 Day High2.15
10 Day Low2.01
20 Day High2.15
20 Day Low2.01
52 Week High2.15
52 Week Low1.71
Performance
1 Week-0.85%
2 Weeks0.67%
1 Month-0.48%
3 Month5.4%
6 Month5.5%
12 Month7.18%
2 Year18.41%
3 Year-13.06%
5 Year-7.11%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)53.28
LBB2.03
UBB2.14
BIT:IRE (3/7/2025, 7:00:00 PM)
2.09
+0.04 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg2.05%
1 Week-0.85%
2 Weeks0.67%
1 Month-0.48%
3 Month5.4%
6 Month5.5%
12 Month7.18%
2 Year18.41%
3 Year-13.06%
5 Year-7.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1.92%
ATR Inc162.5%
Range Today0.05
ADR(20)0.04
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.67
Mansfield0.46
10 Day High2.15
10 Day Low2.01
20 Day High2.15
20 Day Low2.01
52 Week High2.15
52 Week Low1.71
CS1 End1.99
CR1 Start2.09
Volume & EV
DER(3)2.2%
DER(5)2.2%
Volume1.69M
Volume Incr125.22%
Vol(5)3.06M
Vol(50)1.58M