IREN LTD (IREN)

AU0000185993 - Common Stock

11.81  +0.56 (+4.98%)

Premarket: 11.51 -0.3 (-2.54%)

Technical Rating and Analysis

7

Overall IREN gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

IREN is one of the better performing stocks in the Software industry, it outperforms 82% of 280 stocks in the same industry.
IREN has an average volume of 18534300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that IREN is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
IREN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IREN is lagging the market.
In the last month IREN has a been trading in the 9.51 - 15.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IREN Weekly chart
IREN Daily chart
Setup Rating and Analysis

4

IREN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.54

15.18

5 important support areas can be observed.

  • A support zone ranging from 11.22 to 11.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.94 from a trend line in the daily time frame.
  • Support @8.26 from a trend line in the daily time frame.
  • Support @7.89 from a trend line in the weekly time frame.
  • Support @7.62 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @15.03 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.44
Mansfield3.06
10 Day High14.92
10 Day Low10.71
20 Day High15.92
20 Day Low9.51
52 Week High15.92
52 Week Low3.56
Performance
1 Week-13.98%
2 Weeks-11.6%
1 Month13.45%
3 Month33.45%
6 Month4.61%
12 Month65.17%
2 Year844.8%
3 Year-26.96%
5 YearN/A
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)-0.37
RSI(14)47.98
LBB10.7
UBB15.53
IREN Daily chart

IREN LTD

NASDAQ:IREN (12/24/2024, 8:21:31 PM)

Premarket: 11.51 -0.3 (-2.54%)

11.81

+0.56 (+4.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.98%
1 Week-13.98%
2 Weeks-11.6%
1 Month13.45%
3 Month33.45%
6 Month4.61%
12 Month65.17%
2 Year844.8%
3 Year-26.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%12.43%
ATR Inc-39.02%
Range Today0.5
ADR(20)1.4
ADR(20)%11.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.44
Mansfield3.06
10 Day High14.92
10 Day Low10.71
20 Day High15.92
20 Day Low9.51
52 Week High15.92
52 Week Low3.56
CS1 End11.32
CR1 Start15.03
Volume & EV
DER(3)-0.65%
DER(5)-2.19%
Volume5.97M
Volume Incr-31.69%
Vol(5)13.42M
Vol(50)18.53M