NYSE:IRS • US4500473032
Overall IRS gets a technical rating of 2 out of 10. IRS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, IRS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IRS in the last couple of days, which is a good sign.
12.50
2 important support areas can be observed.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for IRS is neutral. |
| ChartMill Relative Strength | 56.21 | 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) | DOWN | MIXED | The current price of IRS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.35 | NEUTRAL | The RSI value for IRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.18 | NEUTRAL | The Stochastics value for IRS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for IRS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.22 | NEGATIVE | The low ADX value for IRS suggests a weak or negative trend. |
15.18
+0.29 (+1.95%)
ChartMill assigns a technical rating of 2 / 10 to IRS.
The current trend direction for IRSA -SP ADR (IRS) is Bearish.
IRSA -SP ADR (IRS) has an RSI value of 45.3467. This indicates that the stock is currently neutral.
The short term momentum for IRSA -SP ADR (IRS) is neutral.