OPUS GENETICS INC (IRD) Stock Technical Analysis
NASDAQ:IRD - Nasdaq - US67577R1023 - Common Stock - Currency: USD
Overall IRD gets a technical rating of 3 out of 10. IRD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 one of the lesser performing stocks in the Pharmaceuticals industry. 89% of 195 stocks in the same industry do better.
In the last month IRD has a been trading in the 0.93 - 1.75 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
IRD has an average volume of 1034710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
IRD has a poor technical rating and the quality of the setup is also 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.
More info and screens
0.96
1.11
When analyzing the support we can see 2 important areas.
- Support @1.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.97 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.10 from a horizontal line in the daily time frame.
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 | 0 | NEGATIVE | IRD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IRD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IRD is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.84 | NEUTRAL | The RSI value for IRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IRD has a negative trend. |
| Stochastics (14,3) | 8.23 | OVERSOLD | The low Stochastics value suggests IRD may be oversold. |
| Average True Range in percent/ATR (20) | 10.25 | HIGH VOLATILITY | The high ATR as a percentage value for IRD suggests high volalility. |
| Average Directional Index/ADX (14) | 43.57 | 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)
NASDAQ:IRD (6/6/2025, 2:02:03 PM)
1.045
+0.04 (+4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.5%
1 Week0.55%
2 Weeks-1.96%
1 Month-1.96%
3 Month0.16%
6 Month-9.91%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.25%
ATR Inc-7.68%
Range Today0.13
ADR(20)0.1
ADR(20)%9.47%
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 High1.75
10 Day Low0.93
20 Day High1.75
20 Day Low0.93
52 Week HighN/A
52 Week LowN/A
CS1 End1
CR1 Start1.03
Volume & EV
DER(3)-7.27%
DER(5)-7.93%
Volume580.03K
Volume Incr5590.31%
Vol(5)8.72M
Vol(50)1.03M