VOYA Risk Managed Natural Resources Fund (IRR) Technical Analysis
NYSE:IRR
Current stock price
IRR Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to IRR. Both in the recent history as in the last year, IRR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, IRR did better than 75% of all other stocks. On top of that, IRR also shows a nice and consistent pattern of rising prices.
- IRR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IRR is leading the market.
- In the last month IRR has a been trading in the 3.44 - 3.75 range, which is quite wide. It is currently trading near the high of this range.
IRR Weekly and Daily overview Charts
IRR Setup Rating and Analysis
IRR has an excellent technical rating, but the quality of the setup is only medium 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
IRR Support and Resistance Analysis
2.67
We found 4 important support areas.
- A support zone ranging from 3.62 to 3.62. 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 3.44 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.26 to 3.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.73 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
IRR 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 | UP | POSITIVE | The long term trend for IRR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRR is up. |
| ChartMill Relative Strength | 75.18 | POSITIVE | IRR has a high relative strength, it outperformed 75.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.65 | NEUTRAL | The RSI value for IRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IRR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.64 | OVERBOUGHT | The high Stochastics value suggests IRR may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for IRR suggests low volalility. |
IRR Chart- and CandleStick Pattern Analysis
IRR Example Setup
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 |
|---|---|---|---|
| 3.75 | 3.54 | 0.21 (5.60%) | 17.86% |
| An entry @3.75. This is a Buy Stop order right above the resistance zone. | An exit @3.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 5.60%. | For a 1.00% total portfolio risk, you can invest 17.86% 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.
IRR Technicals: Chart, Performance Metrics, Trend & Indicators
3.72
+0.01 (+0.27%)
VOYA Risk Managed Natural Resources Fund / IRR TA FAQ
Can you provide the ChartMill technical rating for VOYA Risk Managed Natural Resources Fund?
ChartMill assigns a technical rating of 10 / 10 to IRR.
Can you provide the trend direction for VOYA Risk Managed Natural Resources Fund?
The current trend direction for VOYA Risk Managed Natural Resources Fund (IRR) is Bullish.
What is the RSI signal for VOYA Risk Managed Natural Resources Fund (IRR) stock?
VOYA Risk Managed Natural Resources Fund (IRR) has an RSI value of 66.653. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VOYA Risk Managed Natural Resources Fund?
The short term momentum for VOYA Risk Managed Natural Resources Fund (IRR) is positive.
What is the buy/sell signal for IRR stock?
The buy/sell signal for VOYA Risk Managed Natural Resources Fund (IRR) is buy as both the short term and long term trends are positive.