IONEER LTD - ADR (IONR) Stock Technical Analysis
USA - NASDAQ:IONR - US46211L1017 - ADR
We assign a technical rating of 3 out of 10 to IONR. In the last year, IONR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of IONR is bad and it also does not present a quality setup 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
3.97
3 important support areas can be observed.
- Support @4.24 from a horizontal line in the weekly time frame.
- Support @4.10 from a trend line in the daily time frame.
- Support @4.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.40 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.97 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for IONR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IONR is down. |
| ChartMill Relative Strength | 67.29 | NEUTRAL | IONR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IONR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IONR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IONR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.12 | NEUTRAL | The RSI value for IONR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests IONR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.29 | OVERSOLD | The low Stochastics value suggests IONR may be oversold. |
| Average True Range in percent/ATR (20) | 10.04 | HIGH VOLATILITY | The high ATR as a percentage value for IONR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for IONR suggests a weak or negative trend. |
4.39
+0.23 (+5.53%)
IONEER LTD - ADR / IONR FAQ
What is the technical rating for IONR stock?
ChartMill assigns a technical rating of 3 / 10 to IONR.
What is the current trend direction of IONEER LTD - ADR (IONR) stock?
The current trend direction for IONEER LTD - ADR (IONR) is Bearish.
Can you provide the RSI signal for IONEER LTD - ADR?
IONEER LTD - ADR (IONR) has an RSI value of 45.1164. This indicates that the stock is currently neutral.
What is the support and resistance level for IONR stock?
IONEER LTD - ADR (IONR) has a support level at 4.24 and a resistance level at 4.4. Check the full technical report for our detailed analysis of IONR support and resistance levels.