IREN SPA (IRE.MI) Stock Technical Analysis
BIT:IRE - Euronext Milan - IT0003027817 - Common Stock - Currency: EUR
Overall IRE gets a technical rating of 5 out of 10. In the last year, IRE was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IRE has a been trading in the 2.53 - 2.78 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that IRE is one of the better performing stocks in the market, outperforming 75% of all stocks.
IRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IRE is lagging the market slightly.
IRE has an average volume of 1628230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
IRE is part of the Multi-Utilities industry. There are 13 other stocks in this industry, IRE did better than 66% of them.
IRE has an average technical rating and the quality of the presented setup is also not ideal 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
1.81
2.80
4 important support areas can be observed.
- A support zone ranging from 2.53 to 2.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.99 from a trend line in the weekly time frame.
- Support @1.93 from a trend line in the weekly time frame.
- Support @1.83 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.59 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.75 to 2.77. 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 | UP | POSITIVE | The long term trend for IRE.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRE.MI is down. |
| ChartMill Relative Strength | 75.42 | POSITIVE | IRE.MI has a high relative strength, it outperformed 75.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IRE.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.05 | NEUTRAL | The RSI value for IRE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IRE.MI has a negative trend. |
| Stochastics (14,3) | 8.76 | OVERSOLD | The low Stochastics value suggests IRE.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for IRE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for IRE.MI suggests a possible start of a new 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)
BIT:IRE (7/4/2025, 7:00:00 PM)
2.538
-0.01 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.47%
1 Week-2.38%
2 Weeks-5.58%
1 Month-5.58%
3 Month9.02%
6 Month30.96%
12 Month26.77%
2 Year37.86%
3 Year38.08%
5 Year18.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.88%
ATR Inc-36.01%
Range Today0.03
ADR(20)0.04
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.42
Mansfield0.88
10 Day High2.66
10 Day Low2.53
20 Day High2.78
20 Day Low2.53
52 Week High2.78
52 Week Low1.76
CS1 End2.53
CR1 Start2.59
Volume & EV
DER(3)-6.03%
DER(5)-1.77%
Volume591.57K
Volume Incr-36.96%
Vol(5)1.14M
Vol(50)1.63M