DUB:IRES - Euronext Dublin - IE00BJ34P519 - REIT - Currency: EUR
We assign a technical rating of 8 out of 10 to IRES. Although IRES is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
IRES has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.98, a Stop Loss order could be placed below this zone.
0.85
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1.05 | 0.97 | 0.09 (8.10%) | 12.35% |
An entry @1.05. This is a Buy Stop order right above the resistance zone. | An exit @0.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 8.10%. | When investing 12.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
DUB:IRES (4/30/2025, 11:58:34 AM)
1.02
+0 (+0.39%)