IRON HORSE ACQUISITIONS CORP (IROH) Stock Technical Analysis
NASDAQ:IROH - Nasdaq - US4628371050 - Common Stock - Currency: USD
Taking everything into account, IROH scores 2 out of 10 in our technical rating. IROH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, IROH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 10.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IROH 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.
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9.67
We found 2 important support areas.
- A support zone ranging from 10.28 to 10.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.77 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.73 from a trend line in the daily time frame.
- Resistance @10.95 from a horizontal 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 IROH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IROH is neutral. |
| ChartMill Relative Strength | 45 | NEUTRAL | IROH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IROH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IROH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IROH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.42 | NEUTRAL | The RSI value for IROH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IROH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.89 | NEUTRAL | The Stochastics value for IROH is a neutral value. |
| Average True Range in percent/ATR (20) | 27.21 | HIGH VOLATILITY | The high ATR as a percentage value for IROH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for IROH suggests a possible start of a new trend. |
NASDAQ:IROH (7/18/2025, 4:30:02 PM)
10.7
+0.1 (+0.94%)