IRSA -SP ADR (IRS) Technical Analysis
NYSE:IRS • US4500473032
Current stock price
IRS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IRS. 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.
- When comparing the yearly performance of all stocks, IRS is a bad performer in the overall market: 82% of all stocks are doing better.
- In the last month IRS has a been trading in the 13.46 - 17.30 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 46% of 61 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 Weekly and Daily overview Charts
IRS Setup Rating and Analysis
The technical rating of IRS is bad and it also does not present a quality setup 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
IRS Support and Resistance Analysis
12.85
We found 2 important support areas.
- A support zone ranging from 13.58 to 13.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.16 to 15.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.32 to 16.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.13 from a horizontal line in the weekly time frame.
IRS 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 | 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 | 18.32 | NEGATIVE | IRS has a low relative strength, it was outperformed by 81.68% 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) | DOWN | NEGATIVE | The current price of IRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.44 | OVERSOLD | The low RSI value suggests IRS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests IRS has a negative trend. |
| Stochastics (14,3) | 3.48 | OVERSOLD | The low Stochastics value suggests IRS may be oversold. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for IRS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for IRS suggests a possible start of a new trend. |
IRS Chart- and CandleStick Pattern Analysis
IRS Technicals: Chart, Performance Metrics, Trend & Indicators
13.59
-0.38 (-2.72%)
IRSA -SP ADR / IRS TA 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.
Can you provide the RSI signal for IRSA -SP ADR?
IRSA -SP ADR (IRS) has an RSI value of 28.4381. This indicates that the stock is currently oversold.
What is the MACD signal for IRSA -SP ADR (IRS) stock?
The MACD indicator for IRSA -SP ADR (IRS) has a value of -0.24139, indicating a bearish trend.
What is the short term momentum for IRSA -SP ADR (IRS) stock?
The short term momentum for IRSA -SP ADR (IRS) is negative.