IRSA PROPIEDADES COMERCI-ADR (IRCP) Stock Technical Analysis
USA - NASDAQ:IRCP - US4635881034 - ADR
2.4984
+0.14 (+5.86%)
We assign a technical rating of 6 out of 10 to IRCP. In the last year, IRCP was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
IRCP is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 100% of 63 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that IRCP is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
IRCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRCP is lagging the market.
In the last month IRCP has a been trading in the 2.12 - 2.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, IRCP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IRCP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.17
2.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.30 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.19 to 2.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IRCP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRCP is neutral. |
| ChartMill Relative Strength | 99.86 | POSITIVE | IRCP has a high relative strength, it outperformed 99.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.73 | NEUTRAL | The RSI value for IRCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IRCP has a positive trend. |
| Stochastics (14,3) | 42.71 | NEUTRAL | The Stochastics value for IRCP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for IRCP suggests high volalility. |
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)
NASDAQ:IRCP (5/27/2022, 8:11:24 PM)
2.4984
+0.14 (+5.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg5.86%
1 Week6.77%
2 Weeks8.63%
1 Month2.81%
3 Month4.97%
6 Month11.04%
12 Month379.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%6.72%
ATR Inc45.96%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.86
Mansfield1.82
10 Day High2.79
10 Day Low2.23
20 Day High2.79
20 Day Low2.12
52 Week High3.66
52 Week Low0.52
CS1 End2.34
CR1 Start2.58
Volume & EV
DER(3)15.05%
DER(5)12.2%
Volume7.80K
Volume Incr-5.36%
Vol(5)28.06K
Vol(50)41.93K