IRSA PROPIEDADES COMERCI-ADR (IRCP) Stock Technical Analysis
USA - NASDAQ:IRCP - US4635881034 - ADR
We assign a technical rating of 6 out of 10 to IRCP. IRCP has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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
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.
We can see 2 important resistance areas.
- 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. |
NASDAQ:IRCP (5/27/2022, 8:11:24 PM)
2.4984
+0.14 (+5.86%)
IRSA PROPIEDADES COMERCI-ADR / IRCP FAQ
What is the technical rating for IRCP stock?
ChartMill assigns a technical rating of 5 / 10 to IRCP.
Can you provide the trend direction for IRSA PROPIEDADES COMERCI-ADR?
The current trend direction for IRSA PROPIEDADES COMERCI-ADR (IRCP) is Bearish.
What is the RSI signal for IRSA PROPIEDADES COMERCI-ADR (IRCP) stock?
IRSA PROPIEDADES COMERCI-ADR (IRCP) has an RSI value of 57.7265. This indicates that the stock is currently neutral.
What is the short term momentum for IRCP stock?
The short term momentum for IRSA PROPIEDADES COMERCI-ADR (IRCP) is neutral.