OPUS GENETICS INC (IRD) Stock Technical Analysis
NASDAQ:IRD - US67577R1023 - Common Stock
1.33 USD
-0.03 (-2.21%)
1.33 USD
0 (0%)
We assign a technical rating of 7 out of 10 to IRD. Although IRD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, IRD is a bad performer in the overall market: 100% of all stocks are doing better.
IRD is part of the Biotechnology industry. There are 541 other stocks in this industry, of which 92% are performing better than IRD.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month IRD has a been trading in the 1.04 - 1.39 range, which is quite wide. It is currently trading near the high of this range.
Although IRD has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
1.13
1.34
When analyzing the support we notice one important area.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for IRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRD is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IRD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRD is above 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) | 67.55 | NEUTRAL | The RSI value for IRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IRD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.35 | OVERBOUGHT | The high Stochastics value suggests IRD may be overbought. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for IRD suggests high volalility. |
| Average Directional Index/ADX (14) | 43.22 | POSITIVE | The high ADX value value for IRD suggests a strong trend. |
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)
1.33
-0.03 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.21%
1 Week3.91%
2 Weeks10.37%
1 Month19.82%
3 Month37.11%
6 Month42.26%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.59%
ATR Inc-1.15%
Range Today0.05
ADR(20)0.07
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.39
10 Day Low1.17
20 Day High1.39
20 Day Low1.04
52 Week HighN/A
52 Week LowN/A
CS1 End1.15
CR1 StartN/A
Volume & EV
DER(3)-3.63%
DER(5)0.82%
Volume179.40K
Volume Incr-12.39%
Vol(5)200.85K
Vol(50)222.79K