Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Iris Energy Limited (NASDAQ:IREN)
Strong Downtrend (-100) - IREN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IREN continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 23rd, 2021 at 21.68
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 21.68
The short-term trend has been DOWN since Jan 18th, 2022 at 11.78
Smart Scan Analysis for IREN
Based on our trend formula, IREN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.25||52wk High Date||2021-11-17|
|52wk Low||11.03||52wk Low Date||2022-01-18|
|Average Volume||204,790||Shares Outstanding||55,455|