IONEER LTD - ADR (IONR) Stock Technical Analysis
USA - NASDAQ:IONR - US46211L1017 - ADR
6.17 USD
-0.71 (-10.32%)
6.17 USD
0 (0%)
Overall IONR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IONR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month IONR has a been trading in the 3.40 - 8.15 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, IONR did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
IONR is part of the Metals & Mining industry. There are 156 other stocks in this industry, IONR did better than 54% of them.
IONR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IONR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although IONR 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
3.46
6.23
When analyzing the support we can see 2 important areas.
- Support @4.79 from a trend line in the daily time frame.
- Support @3.49 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IONR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IONR is up. |
| ChartMill Relative Strength | 92.55 | POSITIVE | IONR has a high relative strength, it outperformed 92.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IONR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IONR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IONR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.86 | NEUTRAL | The RSI value for IONR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests IONR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.29 | NEUTRAL | The Stochastics value for IONR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.26 | HIGH VOLATILITY | The high ATR as a percentage value for IONR suggests high volalility. |
| Average Directional Index/ADX (14) | 50.44 | POSITIVE | The high ADX value value for IONR suggests a strong trend. |
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)
6.17
-0.71 (-10.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-10.32%
1 Week29.89%
2 Weeks25.92%
1 Month82.54%
3 Month114.24%
6 Month83.9%
12 Month-5.8%
2 Year70.91%
3 Year-56.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%11.26%
ATR Inc5.95%
Range Today1.13
ADR(20)0.59
ADR(20)%9.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.55
Mansfield3.59
10 Day High8.15
10 Day Low4.2
20 Day High8.15
20 Day Low3.4
52 Week High9.35
52 Week Low2.3
CS1 End4.79
CR1 StartN/A
Volume & EV
DER(3)2.28%
DER(5)1.45%
Volume919.10K
Volume Incr1181.03%
Vol(5)2.02M
Vol(50)275.13K