Taking everything into account, IRE scores 4 out of 10 in our technical rating. IRE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than IRE.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month IRE has a been trading in the 5.26 - 13.38 range, which is quite wide. It is currently trading near the high of this range.
- IRE has an average volume of 14116200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IRE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.15
When analyzing the support we notice one important area.
- Support @7.22 from a trend 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 IRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IRE 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 IRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IRE is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 65.43 | NEUTRAL | The RSI value for IRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests IRE has a positive trend. |
| Stochastics (14,3) | 89.77 | OVERBOUGHT | The high Stochastics value suggests IRE may be overbought. |
| Average True Range in percent/ATR (20) | 10.52 | HIGH VOLATILITY | The high ATR as a percentage value for IRE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for IRE suggests a weak or negative trend. |
12.98
+2.38 (+22.45%)
DEFIAN DIY TT 2X LO IREN ETF / IRE FAQ
Can you provide the ChartMill technical rating for DEFIAN DIY TT 2X LO IREN ETF?
ChartMill assigns a technical rating of 4 / 10 to IRE.
Can you provide the trend direction for DEFIAN DIY TT 2X LO IREN ETF?
The current trend direction for DEFIAN DIY TT 2X LO IREN ETF (IRE) is Bullish.
What is the RSI signal for IRE stock?
DEFIAN DIY TT 2X LO IREN ETF (IRE) has an RSI value of 65.4312. This indicates that the stock is currently neutral.
What is the MACD signal for DEFIAN DIY TT 2X LO IREN ETF (IRE) stock?
The MACD indicator for DEFIAN DIY TT 2X LO IREN ETF (IRE) has a value of 0.678699, indicating a bearish trend.
What is the buy/sell signal for IRE stock?
The buy/sell signal for DEFIAN DIY TT 2X LO IREN ETF (IRE) is buy as both the short term and long term trends are positive.