IRONWOOD PHARMACEUTICALS INC (IRWD) Stock Technical Analysis
USA - NASDAQ:IRWD - US46333X1081 - Common Stock
We assign a technical rating of 9 out of 10 to IRWD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IRWD is showing a nice and steady performance.
Although IRWD has an excellent technical rating, it 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
1.03
When analyzing the support we can see 2 important areas.
- Support @1.54 from a trend line in the daily time frame.
- Support @1.04 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.92 to 1.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 85.95 | POSITIVE | IRWD has a high relative strength, it outperformed 85.95% 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 | MIXED | The current price of IRWD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.84 | NEUTRAL | The RSI value for IRWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IRWD has a positive trend. |
| Stochastics (14,3) | 75.36 | NEUTRAL | The Stochastics value for IRWD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.79 | HIGH VOLATILITY | The high ATR as a percentage value for IRWD suggests high volalility. |
| Average Directional Index/ADX (14) | 42.38 | POSITIVE | The high ADX value value for IRWD suggests a strong trend. |
1.87
+0.01 (+0.54%)
IRONWOOD PHARMACEUTICALS INC / IRWD FAQ
What is the technical rating for IRWD stock?
ChartMill assigns a technical rating of 9 / 10 to IRWD.
What is the trend direction for IRWD stock?
The current trend direction for IRONWOOD PHARMACEUTICALS INC (IRWD) is Bullish.
Can you provide the RSI signal for IRONWOOD PHARMACEUTICALS INC?
IRONWOOD PHARMACEUTICALS INC (IRWD) has an RSI value of 63.8382. This indicates that the stock is currently neutral.
What is the MACD signal for IRWD stock?
The MACD indicator for IRONWOOD PHARMACEUTICALS INC (IRWD) has a value of 0.0224458, indicating a bearish trend.
What is the short term momentum for IRONWOOD PHARMACEUTICALS INC (IRWD) stock?
The short term momentum for IRONWOOD PHARMACEUTICALS INC (IRWD) is positive.