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Stock Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
Iris Energy Limited (NASDAQ:IREN)
Long-Term Uptrend (+90) - IREN is in a strong uptrend that is likely to continue. While IREN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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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 May 16th, 2024 at 5.6950
The short-term trend has been UP since May 16th, 2024 at 5.2300
Smart Scan Analysis for IREN
Based on our trend formula, IREN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.900 | 6.320 | 5.740 | 5.995 | +0.165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.020 | 14299503 | 2024-05-17 15:59:07 |
| 52wk High | 9.69 | 52wk High Date | 2023-12-27 |
| 52wk Low | 2.7899 | 52wk Low Date | 2023-11-13 |
| Average Volume | 7,598,431 | Shares Outstanding | 55,455 |
| Assets | 417,167,000M | Liabilities | 35,319,000M |
| P/E Ratio | -0.32970000 |