IRSA -SP ADR (IRS) Stock Technical Analysis
USA - NYSE:IRS - US4500473032 - ADR
11.72 USD
-0.13 (-1.1%)
11.72 USD
0 (0%)
We assign a technical rating of 1 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IRS is a bad performer in the overall market: 81% of all stocks are doing better.
IRS is one of the lesser performing stocks in the Real Estate Management & Development industry. 66% of 63 stocks in the same industry do better.
IRS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IRS has a been trading in the 10.87 - 13.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IRS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.50, a Stop Loss order could be placed below this zone.
More info and screens
11.22
16.26
When analyzing the support we notice one important area.
- A support zone ranging from 11.33 to 11.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.73 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.25 to 13.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.30 to 15.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for IRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRS is down. |
| ChartMill Relative Strength | 19.25 | NEGATIVE | IRS has a low relative strength, it was outperformed by 80.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IRS is below the rising 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) | 43.66 | NEUTRAL | The RSI value for IRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.33 | NEUTRAL | The Stochastics value for IRS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for IRS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for IRS 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)
11.72
-0.13 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.1%
1 Week-3.62%
2 Weeks0.51%
1 Month1.74%
3 Month-20.38%
6 Month-19.84%
12 Month-2.4%
2 Year104.41%
3 Year158.14%
5 Year200.34%
10 Year-38.73%
15 Year-28.05%
Volatility
ATR(14)0.56
ATR(20)%5.63%
ATR Inc-22.55%
Range Today0.49
ADR(20)0.62
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.25
Mansfield-2.54
10 Day High12.36
10 Day Low10.87
20 Day High13.38
20 Day Low10.87
52 Week High17.67
52 Week Low10.61
CS1 End11.5
CR1 Start11.73
Volume & EV
DER(3)-4.05%
DER(5)-1.48%
Volume161.00K
Volume Incr-2.05%
Vol(5)315.98K
Vol(50)289.74K