IRONWOOD PHARMACEUTICALS INC (IRWD) Stock Technical Analysis
NASDAQ:IRWD - US46333X1081 - Common Stock
1.27 USD
+0.09 (+7.63%)
1.27 USD
0 (0%)
Overall IRWD gets a technical rating of 6 out of 10. Although IRWD has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
IRWD 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.
IRWD is part of the Biotechnology industry. There are 547 other stocks in this industry. IRWD outperforms 73% of them.
In the last month IRWD has a been trading in the 0.71 - 1.37 range, which is quite wide. It is currently trading near the high of this range.
IRWD has an average volume of 1601800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Looking at the yearly performance, IRWD did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IRWD 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
0.80
1.28
We found 1 important support area.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 IRWD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRWD is up. |
| ChartMill Relative Strength | 83.68 | POSITIVE | IRWD has a high relative strength, it outperformed 83.68% 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) | DOWN | NEGATIVE | The current price of IRWD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.96 | OVERBOUGHT | The high RSI value suggests IRWD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IRWD has a positive trend. |
| Stochastics (14,3) | 89.45 | OVERBOUGHT | The high Stochastics value suggests IRWD may be overbought. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for IRWD suggests high volalility. |
| Average Directional Index/ADX (14) | 48.56 | POSITIVE | The high ADX value value for IRWD suggests a strong 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)
1.27
+0.09 (+7.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.63%
1 Week23.3%
2 Weeks41.6%
1 Month55.58%
3 Month124.26%
6 Month-30.03%
12 Month-74.5%
2 Year-85.57%
3 Year-88.2%
5 Year-87.43%
10 Year-88.45%
15 Year-86.3%
Volatility
ATR(14)0.12
ATR(20)%9.02%
ATR Inc39.61%
Range Today0.18
ADR(20)0.11
ADR(20)%8.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.68
Mansfield-5.16
10 Day High1.37
10 Day Low0.81
20 Day High1.37
20 Day Low0.72
52 Week High5.21
52 Week Low0.53
CS1 End0.82
CR1 StartN/A
Volume & EV
DER(3)10.55%
DER(5)6.02%
Volume2.92M
Volume Incr6.32%
Vol(5)1.59M
Vol(50)1.60M