Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Iris Energy Limited (NASDAQ:IREN)
Bull Market Weakness (+75) - IREN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IREN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IREN?
MarketClub looks at technical strength and momentum to determine if the timing is right for IREN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IREN
The long-term trend has been UP since Dec 1st, 2023 at 5.2699
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.5700
The short-term trend has been UP since May 3rd, 2024 at 4.6300
Smart Scan Analysis for IREN
Based on our trend formula, IREN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.910 | 5.165 | 4.820 | 5.140 | +0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.130 | 3725951 | 2024-05-08 15:59:33 |
| 52wk High | 9.69 | 52wk High Date | 2023-12-27 |
| 52wk Low | 2.7899 | 52wk Low Date | 2023-11-13 |
| Average Volume | 7,255,226 | Shares Outstanding | 55,455 |
| Assets | 417,167,000M | Liabilities | 35,319,000M |
| P/E Ratio | -0.32970000 |