IRIDEX CORP (IRIX) Stock Technical Analysis
USA - NASDAQ:IRIX - US4626841013 - Common Stock
1.06 USD
-0.02 (-1.85%)
Overall IRIX gets a technical rating of 0 out of 10. IRIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IRIX is a bad performer in the overall market: 91% of all stocks are doing better.
IRIX is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 61% are performing better than IRIX.
IRIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
IRIX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
IRIX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IRIX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.90
1.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.99 from a trend line in the daily time frame.
- A support zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.25 from a trend line in the daily time frame.
- Resistance @1.33 from a trend line in the weekly time frame.
- Resistance @1.41 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for IRIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRIX is down. |
| ChartMill Relative Strength | 9.05 | NEGATIVE | IRIX has a low relative strength, it was outperformed by 90.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.42 | 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) | 22.23 | NEUTRAL | The Stochastics value for IRIX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for IRIX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.87 | 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 (10/22/2025, 8:00:02 PM)
1.06
-0.02 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.85%
1 Week0%
2 Weeks-2.75%
1 Month-10.92%
3 Month-24.82%
6 Month-13.11%
12 Month-30.26%
2 Year-67.68%
3 Year-52.89%
5 Year-40.45%
10 Year-86.8%
15 Year-70.56%
Volatility
ATR(14)0.07
ATR(20)%6.15%
ATR Inc-54.35%
Range Today0.03
ADR(20)0.06
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.05
3 months CRS7.65
6 months CRS12.19
Mansfield-2.6
10 Day High1.15
10 Day Low1.02
20 Day High1.25
20 Day Low1.02
52 Week High1.95
52 Week Low0.78
CS1 End1.03
CR1 Start1.06
Volume & EV
DER(3)4.71%
DER(5)6.05%
Volume16.70K
Volume Incr-49.56%
Vol(5)36.00K
Vol(50)82.09K