IRIS ACQUISITION CORP (IRAA)

US89601Y1010 - Common Stock

10.38  -0.25 (-2.35%)

Technical Rating and Analysis

3

Taking everything into account, IRAA scores 3 out of 10 in our technical rating. IRAA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: IRAA has an average volume of 2290 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, IRAA outperforms 40% of them, which is more or less in line with the market.
IRAA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IRAA is lagging the market slightly.
In the last month IRAA has a been trading in a tight range between 10.30 and 10.79.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
IRAA Weekly chart
IRAA Daily chart
Setup Rating and Analysis

2

The technical rating of IRAA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

9.68

10.82

We found 2 important support areas.

  • A support zone ranging from 10.01 to 10.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.78 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.42 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.58
Mansfield-0.97
10 Day High10.64
10 Day Low10.3
20 Day High10.79
20 Day Low10.3
52 Week High11.22
52 Week Low10
Performance
1 Week-2.26%
2 Weeks-2.44%
1 Month-2.44%
3 Month0.58%
6 Month-2.08%
12 Month0.78%
2 YearN/A
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)-0.03
RSI(14)24.08
LBB10.48
UBB10.74
IRAA Daily chart

IRIS ACQUISITION CORP

NASDAQ:IRAA (4/25/2024, 7:00:03 PM)

10.38

-0.25 (-2.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.35%
1 Week-2.26%
2 Weeks-2.44%
1 Month-2.44%
3 Month0.58%
6 Month-2.08%
12 Month0.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%0.38%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.64
10 Day Low10.3
20 Day High10.79
20 Day Low10.3
52 Week High11.22
52 Week Low10
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.20K
Volume Incr261.29%
Vol(5)1.12K
Vol(50)2.29K