Technical Analysis for IREN - Iris Energy Limited

Grade Last Price % Change Price Change
D 5.13 1.18% 0.06
IREN closed up 1.18 percent on Wednesday, May 8, 2024, on 40 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
20 DMA Support Bullish 0.00%
200 DMA Support Bullish 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Fell Below 50 DMA Bearish 1.18%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.18%
Inside Day Range Contraction 1.18%
Wide Bands Range Expansion 1.18%

   Recent Intraday Alerts

Alert Time
Up 1% about 8 hours ago
60 Minute Opening Range Breakout about 10 hours ago
10 DMA Support about 11 hours ago
200 DMA Support about 11 hours ago
20 DMA Support about 11 hours ago

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Profile

Iris Energy is a sustainable Bitcoin mining company that supports the decarbonization of energy markets and the global Bitcoin network. The company was incorporated in 2018 and is based in Sydney, Australia.
Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Mining Bitcoin Cryptocurrency Decentralization Cryptography Energy Market Bitcoin Mining

Is IREN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.69
52 Week Low 2.7899
Average Volume 9,539,727
200-Day Moving Average 4.89
50-Day Moving Average 5.16
20-Day Moving Average 4.86
10-Day Moving Average 4.84
Average True Range 0.48
RSI (14) 51.69
ADX 13.38
+DI 25.15
-DI 21.63
Chandelier Exit (Long, 3 ATRs) 4.25
Chandelier Exit (Short, 3 ATRs) 5.60
Upper Bollinger Bands 5.63
Lower Bollinger Band 4.08
Percent B (%b) 0.68
BandWidth 31.87
MACD Line -0.07
MACD Signal Line -0.12
MACD Histogram 0.0491
Fundamentals Value
Market Cap 344.17 Million
Num Shares 67.1 Million
EPS -3.14
Price-to-Earnings (P/E) Ratio -1.63
Price-to-Sales 5.28
Price-to-Book 1.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.65
Resistance 3 (R3) 5.60 5.38 5.56
Resistance 2 (R2) 5.38 5.25 5.41 5.53
Resistance 1 (R1) 5.26 5.17 5.32 5.30 5.50
Pivot Point 5.04 5.04 5.07 5.06 5.04
Support 1 (S1) 4.91 4.91 4.98 4.96 4.76
Support 2 (S2) 4.69 4.83 4.72 4.73
Support 3 (S3) 4.57 4.69 4.70
Support 4 (S4) 4.61