IREN SPA (IRE.MI) Stock Technical Analysis
BIT:IRE - IT0003027817 - Common Stock
2.58 EUR
+0.02 (+0.86%)
Taking everything into account, IRE scores 5 out of 10 in our technical rating. IRE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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.
IRE is part of the Multi-Utilities industry. There are 13 other stocks in this industry. IRE outperforms 83% of them.
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 1051100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, IRE turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
In the last month IRE has a been trading in a tight range between 2.50 and 2.64.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, IRE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IRE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.02
2.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.48 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.04 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @2.58 from a trend line in the daily time frame.
- Resistance @2.63 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for IRE.MI is neutral. |
| ChartMill Relative Strength | 61.63 | NEUTRAL | IRE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRE.MI is above 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) | 51.36 | NEUTRAL | The RSI value for IRE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IRE.MI has a positive trend. |
| Stochastics (14,3) | 55.71 | NEUTRAL | The Stochastics value for IRE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for IRE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.77 | NEGATIVE | The low ADX value for IRE.MI suggests a weak or negative 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 (9/11/2025, 7:00:00 PM)
2.58
+0.02 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.86%
1 Week1.18%
2 Weeks-0.77%
1 Month1.9%
3 Month-6.72%
6 Month17.7%
12 Month29.06%
2 Year41.37%
3 Year90.13%
5 Year17.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.74%
ATR Inc5.57%
Range Today0.03
ADR(20)0.04
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.63
Mansfield0.21
10 Day High2.62
10 Day Low2.5
20 Day High2.64
20 Day Low2.5
52 Week High2.78
52 Week Low1.85
CS1 End2.58
CR1 Start2.58
Volume & EV
DER(3)11.03%
DER(5)6.36%
Volume730.76K
Volume Incr-31.52%
Vol(5)621.60K
Vol(50)1.05M