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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

IRIDEX Corporation (NASDAQ:IRIX)

Crossroads (+60) - IRIX is struggling to move into a solid trend. Beware of choppy markets 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
2.90 3.08 2.87 3.02 +0.07
Entry Signal

MarketClub’s Trade Triangles for IRIX

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 2.41

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

short term up The short-term trend has been UP since Mar 21st, 2024 at 2.49

Smart Scan Analysis for IRIX

Based on our trend formula, IRIX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IRIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.90 3.08 2.87 3.02 +0.07
Prev. Close Volume Bid Ask Time
2.95 45012 2024-03-28 15:59:51
Year High9.48Year High Date2018-08-31
Year Low4.23Year Low Date2018-11-14
52wk High3.4852wk High Date2023-10-31
52wk Low1.310452wk Low Date2023-08-17
Year End Close3.9Average Volume44,349
Shares Outstanding16,248Short Interest5,404
% Institutional50.8Market Cap31M
Assets34,949,000MLiabilities22,885,000M
Beta1.07Volatility51.89
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