IRON HORSE ACQUISITIONS CORP (IROH) Stock Technical Analysis
NASDAQ:IROH - US4628371050 - Common Stock
9.77 USD
-1.54 (-13.62%)
12.29 USD
+2.52 (+25.79%)
Overall IROH gets a technical rating of 2 out of 10. IROH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, IROH is a bad performer in the overall market: 80% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
IROH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IROH is lagging the market.
In the last month IROH has a been trading in the 7.00 - 12.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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. 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.
More info and screens
7.33
10.58
When analyzing the support we notice one important area.
- Support @7.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.31 to 10.48. 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 | 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 | 20.66 | NEGATIVE | IROH has a low relative strength, it was outperformed by 79.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IROH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IROH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IROH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.29 | NEUTRAL | The RSI value for IROH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests IROH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.12 | NEUTRAL | The Stochastics value for IROH is a neutral value. |
| Average True Range in percent/ATR (20) | 14.66 | HIGH VOLATILITY | The high ATR as a percentage value for IROH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for IROH suggests a weak or negative 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)
9.77
-1.54 (-13.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.62%
1 Week-19.92%
2 Weeks39.57%
1 Month-8.18%
3 Month-7.51%
6 Month-6.15%
12 Month-3.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%14.66%
ATR Inc-13.87%
Range Today1.08
ADR(20)1.27
ADR(20)%12.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.66
Mansfield-1.4
10 Day High12.98
10 Day Low7.4
20 Day High12.98
20 Day Low7
52 Week High14.71
52 Week Low5.7
CS1 End7.4
CR1 Start10.31
Volume & EV
DER(3)3.2%
DER(5)5.67%
Volume4.90K
Volume Incr-56.86%
Vol(5)15.18K
Vol(50)151.20K