We assign a technical rating of 9 out of 10 to IRWD. Both in the recent history as in the last year, IRWD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although IRWD has an excellent technical rating, it does not present a decent entry opportunity 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.
2.06
3 important support areas can be observed.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for IRWD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRWD is up. |
| ChartMill Relative Strength | 95.81 | POSITIVE | IRWD has a high relative strength, it outperformed 95.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRWD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.13 | NEUTRAL | The RSI value for IRWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IRWD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.56 | NEUTRAL | The Stochastics value for IRWD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for IRWD suggests high volalility. |
| Average Directional Index/ADX (14) | 41.87 | POSITIVE | The high ADX value value for IRWD suggests a strong trend. |
4.06
+0.08 (+2.01%)
ChartMill assigns a technical rating of 9 / 10 to IRWD.
The current trend direction for IRONWOOD PHARMACEUTICALS INC (IRWD) is Bullish.
IRONWOOD PHARMACEUTICALS INC (IRWD) has an RSI value of 61.1316. This indicates that the stock is currently neutral.
The MACD indicator for IRONWOOD PHARMACEUTICALS INC (IRWD) has a value of 0.0455319, indicating a bearish trend.
The buy/sell signal for IRONWOOD PHARMACEUTICALS INC (IRWD) is buy as both the short term and long term trends are positive.