IRSA -SP ADR (IRS) Technical Analysis
NYSE:IRS • US4500473032
Current stock price
IRS Technical Rating and Analysis
Taking everything into account, IRS scores 6 out of 10 in our technical rating. In the last year, IRS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- IRS is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 80% of 62 stocks in the same industry.
- In the last month IRS has a been trading in the 13.51 - 16.78 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that IRS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- IRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IRS is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IRS Weekly and Daily overview Charts
IRS Setup Rating and Analysis
IRS has an average technical rating and it also does not offer a high 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
12.65
We found 2 important support areas.
- Support @13.81 from a trend line in the daily time frame.
- Support @12.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.13 to 17.40. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for IRS is up. |
| ChartMill Relative Strength | 70.1 | POSITIVE | IRS has a high relative strength, it outperformed 70.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRS is above 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) | 62.97 | NEUTRAL | The RSI value for IRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests IRS has a positive trend. |
| Stochastics (14,3) | 96.9 | OVERBOUGHT | The high Stochastics value suggests IRS may be overbought. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for IRS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for IRS suggests a weak or negative trend. |
IRS Chart- and CandleStick Pattern Analysis
IRS Technicals: Chart, Performance Metrics, Trend & Indicators
16.65
+0.11 (+0.67%)
IRSA -SP ADR / IRS TA FAQ
What is the technical rating for IRS stock?
ChartMill assigns a technical rating of 6 / 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 62.9655. This indicates that the stock is currently neutral.
What is the MACD signal for IRSA -SP ADR (IRS) stock?
The MACD indicator for IRSA -SP ADR (IRS) has a value of 0.271145, 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 positive.