IRSA -SP ADR (IRS) Stock Technical Analysis
NYSE:IRS - New York Stock Exchange, Inc. - US4500473032 - ADR - Currency: USD
Taking everything into account, IRS scores 7 out of 10 in our technical rating. In the last year, IRS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month IRS has a been trading in the 14.00 - 16.14 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, IRS did better than 89% of all other stocks.
IRS is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry. IRS outperforms 89% of them.
IRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRS is lagging the market.
IRS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.14. Right above this resistance zone may be a good entry point.
More info and screens
11.44
16.26
When analyzing the support we can see 4 important areas.
- Support @14.18 from a horizontal line in the daily time frame.
- Support @13.64 from a trend line in the weekly time frame.
- Support @12.54 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.56 to 11.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.14 to 15.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.10 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 | UP | POSITIVE | The long term trend for IRS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRS is neutral. |
| ChartMill Relative Strength | 89.14 | POSITIVE | IRS has a high relative strength, it outperformed 89.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IRS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.88 | NEUTRAL | The RSI value for IRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IRS has a negative trend. |
| Stochastics (14,3) | 19.73 | OVERSOLD | The low Stochastics value suggests IRS may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for IRS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for IRS 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)
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 |
|---|---|---|---|
| 14.84 | 14.17 | 0.67 (4.51%) | 22.18% |
| An entry @14.84. This is a Buy Stop order right above the 10 day moving average. | An exit @14.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.67 points, which is 4.51%. | When investing 22.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IRS. 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.
14.34
+0.15 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.06%
1 Week-1.98%
2 Weeks-7.06%
1 Month-6.21%
3 Month7.01%
6 Month-12.83%
12 Month50.21%
2 Year66.09%
3 Year274.63%
5 Year345.1%
10 Year-24.87%
15 Year29.18%
Volatility
ATR(14)0.67
ATR(20)%4.48%
ATR Inc15.47%
Range Today0.45
ADR(20)0.64
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.14
Mansfield0.51
10 Day High15.5
10 Day Low14
20 Day High16.15
20 Day Low14
52 Week High17.67
52 Week Low7.92
CS1 End14.18
CR1 Start15.14
Volume & EV
DER(3)-1%
DER(5)-1.45%
Volume100.19K
Volume Incr7.44%
Vol(5)147.32K
Vol(50)149.88K