IF BANCORP INC (IROQ) Stock Technical Analysis
NASDAQ:IROQ - Nasdaq - US44951J1051 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to IROQ. In the last year, IROQ was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: IROQ has an average volume of 1348 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that IROQ is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, IROQ also shows a nice and consistent pattern of rising prices.
IROQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IROQ is lagging the market slightly.
In the last month IROQ has a been trading in the 23.21 - 25.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IROQ is part of the Banks industry. There are 395 other stocks in this industry, IROQ did better than 48% of them.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, IROQ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.22, a Stop Loss order could be placed below this zone.
More info and screens
19.82
25.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.00 to 24.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.84 to 23.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.02 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.30 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.00 to 25.39. This zone is formed by a combination of multiple trend lines 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 IROQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IROQ is neutral. |
| ChartMill Relative Strength | 76.83 | POSITIVE | IROQ has a high relative strength, it outperformed 76.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IROQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IROQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IROQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.85 | NEUTRAL | The RSI value for IROQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IROQ has a negative trend. |
| Stochastics (14,3) | 69.12 | NEUTRAL | The Stochastics value for IROQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IROQ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for IROQ 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)
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 |
|---|---|---|---|
| 24.59 | 23.99 | 0.60 (2.44%) | 25.00% |
| An entry @24.59. This is a Buy Stop order right above the resistance zone. | An exit @23.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.60 points, which is 2.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of IROQ. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:IROQ (7/3/2025, 7:38:27 PM)
24.28
-0.26 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.06%
1 Week4.62%
2 Weeks-2.41%
1 Month-0.08%
3 Month5.24%
6 Month4.63%
12 Month42.32%
2 Year56.34%
3 Year38.43%
5 Year50.62%
10 Year47.15%
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%2.16%
ATR Inc-72.97%
Range Today0
ADR(20)0.28
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.83
Mansfield0.23
10 Day High25
10 Day Low23.21
20 Day High25
20 Day Low23.21
52 Week High25.76
52 Week Low14.85
CS1 End24.22
CR1 Start24.3
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-64.84%
Vol(5)640
Vol(50)1.35K