Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Iris Energy Limited (NASDAQ:IREN)
Strong Uptrend (+100) - IREN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IREN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 27th, 2023 at 3.6150
The short-term trend has been UP since Nov 22nd, 2023 at 3.0250
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||8.06||52wk High Date||2023-07-19|
|52wk Low||1.02||52wk Low Date||2022-12-28|
|Average Volume||2,187,736||Shares Outstanding||55,455|