IREN LTD (IREN) Stock Technical Analysis
NASDAQ:IREN - Nasdaq - AU0000185993 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to IREN. In the last year, IREN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, IREN did better than 92% of all other stocks. On top of that, IREN also shows a nice and consistent pattern of rising prices.
IREN is part of the Software industry. There are 284 other stocks in this industry. IREN outperforms 82% of them.
IREN has an average volume of 15386700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 9.27 - 13.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although IREN has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
8.50
15.18
We found 5 important support areas.
- A support zone ranging from 10.67 to 10.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.20 to 10.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.81 to 9.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.56 from a horizontal line in the daily time frame.
- Support @8.59 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.62 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.82 from a trend line in the daily time frame.
- Resistance @15.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.49
Mansfield1.08
10 Day High13.62
10 Day Low10.82
20 Day High13.63
20 Day Low9.27
52 Week High15.92
52 Week Low4.15
Performance
1 Week-16.82%
2 Weeks-6.13%
1 Month-11.4%
3 Month0.93%
6 Month26.22%
12 Month76.05%
2 Year292.78%
3 Year-27.32%
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)-0.01
RSI(14)42.85
LBB10.31
UBB13.99
10.88
-1.48 (-11.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-11.97%
1 Week-16.82%
2 Weeks-6.13%
1 Month-11.4%
3 Month0.93%
6 Month26.22%
12 Month76.05%
2 Year292.78%
3 Year-27.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%10.09%
ATR Inc84.73%
Range Today1.92
ADR(20)0.99
ADR(20)%9.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.49
Mansfield1.08
10 Day High13.62
10 Day Low10.82
20 Day High13.63
20 Day Low9.27
52 Week High15.92
52 Week Low4.15
CS1 End10.76
CR1 Start11.62
Volume & EV
DER(3)-3.96%
DER(5)-1.95%
Volume18.54M
Volume Incr-22.53%
Vol(5)14.18M
Vol(50)15.39M