We assign a technical rating of 7 out of 10 to IRD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IRD is showing a nice and steady performance.
IRD has an excellent technical rating, but the quality of the setup is only medium 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.
0.97
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for IRD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRD is neutral. |
| ChartMill Relative Strength | 92.1 | POSITIVE | IRD has a high relative strength, it outperformed 92.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IRD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.2 | NEUTRAL | The RSI value for IRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.96 | OVERSOLD | The low Stochastics value suggests IRD may be oversold. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for IRD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for IRD suggests a weak or negative trend. |
2.04
+0.03 (+1.49%)
ChartMill assigns a technical rating of 7 / 10 to IRD.
The current trend direction for OPUS GENETICS INC (IRD) is Bullish.
OPUS GENETICS INC (IRD) has an RSI value of 47.1979. This indicates that the stock is currently neutral.
The short term momentum for OPUS GENETICS INC (IRD) is neutral.