Logo image of IRC.MI

IRCE SPA (IRC.MI) Stock Technical Analysis

BIT:IRC - Euronext Milan - IT0001077780 - Common Stock - Currency: EUR

1.92  -0.08 (-3.76%)

Technical Rating and Analysis

0

Overall IRC gets a technical rating of 0 out of 10. IRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than IRC.
IRC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: IRC has an average volume of 13105 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IRC is part of the Electrical Equipment industry. There are 56 other stocks in this industry, IRC did better than 49% of them.
In the last month IRC has a been trading in the 1.77 - 2.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
IRCE SPA / IRC Weekly stock chart
IRCE SPA / IRC Daily stock chart
Setup Rating and Analysis

7

IRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

1.76

2.26

2 important support areas can be observed.

  • Support @1.86 from a trend line in the weekly time frame.
  • A support zone ranging from 1.78 to 1.78. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @1.93 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.00 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.24 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for IRC.MI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for IRC.MI is down.
ChartMill Relative Strength13.1NEGATIVEIRC.MI has a low relative strength, it was outperformed by 86.9% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of IRC.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of IRC.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of IRC.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)40.59NEUTRALThe RSI value for IRC.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests IRC.MI has a negative trend.
Stochastics (14,3)64.48NEUTRALThe Stochastics value for IRC.MI is a neutral value.
Average True Range in percent/ATR (20)3.87MEDIUM VOLATILITYThe ATR as a percentage value for IRC.MI suggests some volalility.
Average Directional Index/ADX (14)9.25NEGATIVEThe low ADX value for IRC.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
IRCE SPA / IRC Daily stock chart

IRCE SPA

BIT:IRC (7/14/2025, 9:17:53 AM)

1.92

-0.08 (-3.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.76%
1 Week-4.95%
2 Weeks-4%
1 Month-8.57%
3 Month-9.43%
6 Month5.49%
12 Month-15.42%
2 Year-9.43%
3 Year-13.51%
5 Year27.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.87%
ATR Inc-32.07%
Range Today0
ADR(20)0.05
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.1
Mansfield-2.7
10 Day High2.08
10 Day Low1.92
20 Day High2.17
20 Day Low1.78
52 Week High2.69
52 Week Low1.78
CS1 End1.86
CR1 Start1.93
Volume & EV
DER(3)0%
DER(5)0%
Volume2
Volume Incr59.59%
Vol(5)20.25K
Vol(50)13.11K