IRONNET INC (IRNT) Technical Analysis
NYSE:IRNT • US46323Q1058
Current stock price
IRNT Technical Rating and Analysis
Overall IRNT gets a technical rating of 0 out of 10. IRNT 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, IRNT is a bad performer in the overall market: 99% of all stocks are doing better.
- IRNT is one of the lesser performing stocks in the Software industry. 88% of 277 stocks in the same industry do better.
- IRNT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IRNT is lagging the market.
- In the last month IRNT has a been trading in the 0.11 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
- IRNT has an average volume of 5786660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IRNT Weekly and Daily overview Charts
IRNT Setup Rating and Analysis
The technical rating of IRNT is bad and it also does not present a 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
IRNT Support and Resistance Analysis
0.13
When analyzing the resistance we notice 3 important areas.
- Resistance @0.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.17 from a trend line in the daily time frame.
IRNT 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 IRNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRNT is down. |
| ChartMill Relative Strength | 1.1 | NEGATIVE | IRNT has a low relative strength, it was outperformed by 98.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for IRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IRNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.8 | NEUTRAL | The Stochastics value for IRNT is a neutral value. |
| Average True Range in percent/ATR (20) | 16.63 | HIGH VOLATILITY | The high ATR as a percentage value for IRNT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for IRNT suggests a possible start of a new trend. |
IRNT Chart- and CandleStick Pattern Analysis
IRNT Technicals: Chart, Performance Metrics, Trend & Indicators
0.127
-0.01 (-6.55%)
IRONNET INC / IRNT TA FAQ
What is the technical rating for IRNT stock?
ChartMill assigns a technical rating of 0 / 10 to IRNT.
Can you provide the trend direction for IRONNET INC?
The current trend direction for IRONNET INC (IRNT) is Bearish.
Can you provide the RSI signal for IRONNET INC?
IRONNET INC (IRNT) has an RSI value of 40.2243. This indicates that the stock is currently neutral.
What is the MACD signal for IRNT stock?
The MACD indicator for IRONNET INC (IRNT) has a value of 0.00114066, indicating a bearish trend.
Can you provide the short term momentum for IRONNET INC?
The short term momentum for IRONNET INC (IRNT) is negative.