DISC MEDICINE INC (IRON)
US2546041011 - Common Stock
Taking everything into account, IRON scores 6 out of 10 in our technical rating. IRON has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month IRON has a been trading in the 61.07 - 68.35 range, which is quite wide. It is currently trading near the lows of this range.
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.
IRON is one of the better performing stocks in the Biotechnology industry, it outperforms 74% of 561 stocks in the same industry.
IRON is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IRON is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that IRON is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
IRON has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 62.03, a Stop Loss order could be placed below this zone.
More info and screens
48.43
68.14
4 important support areas can be observed.
- A support zone ranging from 60.25 to 62.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.82 from a trend line in the weekly time frame.
- Support @50.97 from a trend line in the daily time frame.
- Support @48.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @62.21 from a trend line in the daily time frame.
- A resistance zone ranging from 63.63 to 65.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.57 to 67.47. This zone is formed by a combination of multiple trend lines 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
CRS77.46
Mansfield1.09
10 Day High66.16
10 Day Low61.07
20 Day High68.35
20 Day Low61.07
52 Week High77.6
52 Week Low25.6
Performance
1 Week-3.24%
2 Weeks-1.45%
1 Month-0.43%
3 Month29.93%
6 Month31.52%
12 Month-1.07%
2 Year182%
3 YearN/A
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)-0.52
RSI(14)47.13
LBB61.29
UBB66.41
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 |
|---|---|---|---|
| 62.22 | 61.06 | 1.16 (1.86%) | 25.00% |
| An entry @62.22. This is a Buy Stop order right above the resistance zone. | An exit @61.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.16 points, which is 1.86%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IRON. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DISC MEDICINE INC
NASDAQ:IRON (1/6/2025, 4:30:02 PM)
After market: 62.04 0 (0%)62.04
-1.78 (-2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.79%
1 Week-3.24%
2 Weeks-1.45%
1 Month-0.43%
3 Month29.93%
6 Month31.52%
12 Month-1.07%
2 Year182%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.01
ATR(20)%5.11%
ATR Inc-11.7%
Range Today2.21
ADR(20)3.09
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.46
Mansfield1.09
10 Day High66.16
10 Day Low61.07
20 Day High68.35
20 Day Low61.07
52 Week High77.6
52 Week Low25.6
CS1 End62.03
CR1 Start62.21
Volume & EV
DER(3)1.7%
DER(5)1%
Volume200.52K
Volume Incr-28.72%
Vol(5)164.86K
Vol(50)314.39K