Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

IRIDEX Corporation (NASDAQ:IRIX)

Sidelines Mode (+55) - IRIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IRIX?

MarketClub looks at technical strength and momentum to determine if the timing is right for IRIX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IRIX
Open High Low IRIX Price Change
3.250 3.235 2.960 3.000 -0.180
Entry Signal

MarketClub’s Trade Triangles for IRIX

long term up The long-term trend has been UP since Apr 3rd, 2024 at 3.17

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2024 at 2.65

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 3.18

Smart Scan Analysis for IRIX

Based on our trend formula, IRIX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IRIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.250 3.235 2.960 3.000 -0.180
Prev. Close Volume Bid Ask Time
3.020 36744 2024-04-18 15:59:43
Year High9.48Year High Date2018-08-31
Year Low4.23Year Low Date2018-11-14
52wk High3.6552wk High Date2024-04-09
52wk Low1.310452wk Low Date2023-08-17
Year End Close3.9Average Volume53,472
Shares Outstanding16,248Short Interest5,404
% Institutional50.8Market Cap31M
Assets34,436,000MLiabilities24,914,000M
Beta1.07Volatility51.89
Get a free daily analysis and signals for IRIDEX Corporation (IRIX) - Request Your Free Report.