IRISH RESIDENTIAL PROPERTIES (IRES.I) Stock Technical Analysis
DUB:IRES - Euronext Dublin - IE00BJ34P519 - REIT - Currency: EUR
We assign a technical rating of 9 out of 10 to IRES. Both in the recent history as in the last year, IRES has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month IRES has a been trading in the 1.04 - 1.12 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.
When comparing the yearly performance of all stocks, we notice that IRES is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by IRES over the past year are nicely spread over this period.
IRES is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IRES is performing more or less in line with the market.
IRES has an average volume of 1278830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IRES is part of the Residential REITs industry. There are 5 other stocks in this industry, IRES did better than 50% of them.
Besides having an excellent technical rating, IRES also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.05, a Stop Loss order could be placed below this zone.
More info and screens
0.87
1.09
5 important support areas can be observed.
- A support zone ranging from 1.03 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.98 from a trend line in the weekly time frame.
- Support @0.93 from a trend line in the daily time frame.
- Support @0.91 from a horizontal line in the daily time frame.
- A support zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 IRES.I is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRES.I is neutral. |
| ChartMill Relative Strength | 75 | POSITIVE | IRES.I has a high relative strength, it outperformed 75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IRES.I is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRES.I is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRES.I is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.51 | NEUTRAL | The RSI value for IRES.I is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IRES.I has a negative trend. |
| Stochastics (14,3) | 8.57 | OVERSOLD | The low Stochastics value suggests IRES.I may be oversold. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for IRES.I suggests low volalility. |
| Average Directional Index/ADX (14) | 34.41 | POSITIVE | The high ADX value value for IRES.I 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.08 | 1.04 | 0.04 (3.45%) | 25.00% |
| An entry @1.08. This is a Buy Stop order right above the 10 day moving average. | An exit @1.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DUB:IRES (6/23/2025, 1:59:55 PM)
1.046
-0.01 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.57%
1 Week-1.13%
2 Weeks-2.59%
1 Month0.19%
3 Month9.24%
6 Month17.15%
12 Month15.73%
2 Year10.5%
3 Year-16.9%
5 Year-25.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.91%
ATR Inc-44%
Range Today0.01
ADR(20)0.02
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75
Mansfield0.82
10 Day High1.12
10 Day Low1.05
20 Day High1.12
20 Day Low1.04
52 Week High1.12
52 Week Low0.8
CS1 End1.05
CR1 Start1.07
Volume & EV
DER(3)-0.8%
DER(5)-1.21%
Volume62.71K
Volume Incr37.78%
Vol(5)1.48M
Vol(50)1.28M