IRIDEX CORP (IRIX) Stock Technical Analysis
NASDAQ:IRIX - US4626841013 - Common Stock
1.34 USD
+0.04 (+3.08%)
Overall IRIX gets a technical rating of 6 out of 10. In the last year, IRIX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, IRIX is a bad performer in the overall market: 70% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IRIX has a been trading in the 1.07 - 1.39 range, which is quite wide. It is currently trading near the high of this range.
IRIX is an average performer in the Health Care Equipment & Supplies industry, it outperforms 60% of 185 stocks in the same industry.
IRIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRIX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IRIX has an average technical rating and it also does not offer a high quality setup 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
0.93
1.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.94 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.41 from a horizontal line in the weekly time frame.
- Resistance @1.48 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 | NEUTRAL | NEUTRAL | The long term trend for IRIX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRIX is up. |
| ChartMill Relative Strength | 30.84 | NEUTRAL | IRIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IRIX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.18 | NEUTRAL | The RSI value for IRIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IRIX has a positive trend. |
| Stochastics (14,3) | 82.91 | OVERBOUGHT | The high Stochastics value suggests IRIX may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for IRIX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for IRIX 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)
NASDAQ:IRIX (8/28/2025, 4:30:02 PM)
1.34
+0.04 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.08%
1 Week9.92%
2 Weeks18.75%
1 Month0.76%
3 Month33.27%
6 Month-3.62%
12 Month-33.83%
2 Year-19.88%
3 Year-48.85%
5 Year-35.75%
10 Year-80.21%
15 Year-53.98%
Volatility
ATR(14)0.09
ATR(20)%5.75%
ATR Inc-21.6%
Range Today0.07
ADR(20)0.08
ADR(20)%5.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.84
Mansfield-1.26
10 Day High1.37
10 Day Low1.11
20 Day High1.39
20 Day Low1.07
52 Week High2.04
52 Week Low0.78
CS1 End1.26
CR1 Start1.34
Volume & EV
DER(3)0.43%
DER(5)-6.15%
Volume115.00K
Volume Incr-26.41%
Vol(5)102.22K
Vol(50)126.45K