IRSA -SP ADR (IRS) Stock Technical Analysis
NYSE:IRS • US4500473032
Taking everything into account, IRS scores 0 out of 10 in our technical rating. IRS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 70% of all other stocks performed better in the past year than IRS.
- In the last month IRS has a been trading in the 14.62 - 19.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- IRS is an average performer in the Real Estate Management & Development industry, it outperforms 62% of 63 stocks in the same industry.
- 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 a poor technical rating and the quality of the setup is also not perfect 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
12.36
We found 2 important support areas.
- A support zone ranging from 14.85 to 14.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @17.13 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for IRS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRS is down. |
| ChartMill Relative Strength | 30.89 | NEUTRAL | IRS is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of IRS is below a declining 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) | 34.59 | NEUTRAL | The RSI value for IRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests IRS has a negative trend. |
| Stochastics (14,3) | 4.78 | OVERSOLD | The low Stochastics value suggests IRS may be oversold. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for IRS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for IRS suggests a weak or negative trend. |
14.86
-0.35 (-2.3%)
IRSA -SP ADR / IRS FAQ
What is the technical rating for IRS stock?
ChartMill assigns a technical rating of 0 / 10 to IRS.
What is the current trend direction of IRSA -SP ADR (IRS) stock?
The current trend direction for IRSA -SP ADR (IRS) is Bearish.
What is the RSI signal for IRSA -SP ADR (IRS) stock?
IRSA -SP ADR (IRS) has an RSI value of 34.588. This indicates that the stock is currently neutral.
What is the short term momentum for IRS stock?
The short term momentum for IRSA -SP ADR (IRS) is negative.