Overall IRON gets a technical rating of 9 out of 10. Both in the recent history as in the last year, IRON has proven to be a steady performer, scoring decent points in every aspect analyzed.
IRON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
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46.09
When analyzing the support we can see 4 important areas.
- A support zone ranging from 83.37 to 83.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.95 from a trend line in the daily time frame.
- Support @72.22 from a trend line in the daily time frame.
- Support @46.56 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 91.99 to 94.11. 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 | UP | POSITIVE | The long term trend for IRON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRON is up. |
| ChartMill Relative Strength | 92.75 | POSITIVE | IRON has a high relative strength, it outperformed 92.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IRON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.49 | NEUTRAL | The RSI value for IRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests IRON has a negative trend. |
| Stochastics (14,3) | 45.35 | NEUTRAL | The Stochastics value for IRON is a neutral value. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for IRON suggests some volalility. |
| Average Directional Index/ADX (14) | 30.24 | POSITIVE | The high ADX value value for IRON suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 94.12 | 87.17 | 6.95 (7.38%) | 13.54% |
| An entry @94.12. This is a Buy Stop order right above the resistance zone. | An exit @87.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.95 points, which is 7.38%. | For a 1.00% total portfolio risk, you can invest 13.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91.85
-1.75 (-1.87%)
DISC MEDICINE INC / IRON FAQ
Can you provide the ChartMill technical rating for DISC MEDICINE INC?
ChartMill assigns a technical rating of 9 / 10 to IRON.
Can you provide the trend direction for DISC MEDICINE INC?
The current trend direction for DISC MEDICINE INC (IRON) is Bullish.
What is the RSI signal for DISC MEDICINE INC (IRON) stock?
DISC MEDICINE INC (IRON) has an RSI value of 55.4933. This indicates that the stock is currently neutral.
What is the MACD signal for IRON stock?
The MACD indicator for DISC MEDICINE INC (IRON) has a value of -0.50906, indicating a bearish trend.
What is the buy/sell signal for DISC MEDICINE INC (IRON) stock?
The buy/sell signal for DISC MEDICINE INC (IRON) is buy as both the short term and long term trends are positive.