DEFIAN DIY TT 2X LO IREN ETF (IRE) Technical Analysis
NYSEARCA:IRE • US88636Y8883
Current stock price
IRE Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to IRE. IRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IRE is a bad performer in the overall market: 100% of all stocks are doing better.
- IRE has an average volume of 12048000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month IRE has a been trading in the 12.19 - 30.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
IRE Weekly and Daily overview Charts
IRE Setup Rating and Analysis
IRE has a poor technical rating and the quality of the setup is also not perfect 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
IRE Support and Resistance Analysis
18.88
When analyzing the support we notice one important area.
- Support @19.07 from a horizontal line in the daily time frame.
IRE Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for IRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRE is down. |
| 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 | NEGATIVE | The current price of IRE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.24 | NEUTRAL | The RSI value for IRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.02 | POSITIVE | The MACD value suggests IRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.49 | NEUTRAL | The Stochastics value for IRE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.99 | HIGH VOLATILITY | The high ATR as a percentage value for IRE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.87 | POSITIVE | The high ADX value value for IRE suggests a strong trend. |
IRE Chart- and CandleStick Pattern Analysis
IRE Technicals: Chart, Performance Metrics, Trend & Indicators
21.44
+0.16 (+0.75%)
DEFIAN DIY TT 2X LO IREN ETF / IRE TA FAQ
Can you provide the ChartMill technical rating for DEFIAN DIY TT 2X LO IREN ETF?
ChartMill assigns a technical rating of 1 / 10 to IRE.
What is the current trend direction of DEFIAN DIY TT 2X LO IREN ETF (IRE) stock?
The current trend direction for DEFIAN DIY TT 2X LO IREN ETF (IRE) is Bearish.
What is the RSI signal for DEFIAN DIY TT 2X LO IREN ETF (IRE) stock?
DEFIAN DIY TT 2X LO IREN ETF (IRE) has an RSI value of 41.2407. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DEFIAN DIY TT 2X LO IREN ETF?
The short term momentum for DEFIAN DIY TT 2X LO IREN ETF (IRE) is negative.
What is the support and resistance level for IRE stock?
DEFIAN DIY TT 2X LO IREN ETF (IRE) has a support level at 19.07. Check the full technical report for our detailed analysis of IRE support and resistance levels.