Technical Analysis for IRIX - IRIDEX Corporation

Grade Last Price % Change Price Change
grade F 2.27 -1.73% -0.04
IRIX closed down 1.73 percent on Friday, September 13, 2019, on 1.25 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: Sep 27

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical IRIX trend table...

Date Alert Name Type % Chg
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -1.73%
Outside Day Range Expansion -1.73%
Oversold Stochastic Weakness -1.73%
Jack-in-the-Box Bearish Bearish Swing Setup -5.42%
Stochastic Reached Oversold Weakness -5.42%
Inside Day Range Contraction -5.42%
Oversold Stochastic Weakness -5.42%
New 52 Week Closing Low Bearish 0.00%

Older signals for IRIX ...

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Profile
IRIDEX Corporation provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology worldwide. It provides ophthalmology products that are used in the treatment of serious eye diseases, such as diabetic retinopathy, glaucoma, and age-related macular degeneration. The company's ophthalmic products include consoles, including visible (yellow) photocoagulator, visible (green) photocoagulator, infrared photocoagulator, and micropulse enabled consoles; and multi-wavelength laser system configurations. It also provides ophthalmic delivery devices and other products, such as TxCell scanning laser delivery systems; TruFocus laser indirect ophthalmoscopes; slit lamp adapters; operating microscope adapters; EndoProbe, a fiber optic delivery device; G-Probe, a sterile consumable multi-use product; and DioPexy Probe, a hand-held instrument that is used in procedures to treat retinal tears and breaks. In addition, the company's ophthalmic delivery devices and other products comprise GreenTip Soft Tip Cannula, a sterile disposable that allows surgeons to visualize and access the proximity of the retina while performing a fluid air exchange during a vitrectomy procedure; and MoistAir in-line air humidifier, which connects to the air line and provides humidified air to the eye during fluid air exchange. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, and office clinics. It sells and markets its products through a direct sales force in the United States and through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was founded in 1989 and is headquartered in Mountain View, California.
Laser Fiber Optic Glaucoma Ophthalmology Age Related Macular Degeneration Diabetic Retinopathy Ophthalmic Products Laser Systems Laser System Ophthalmic Ophthalmology Products
Is IRIX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 7.21
52 Week Low 2.22
Average Volume 31,078
200-Day Moving Average 4.2798
50-Day Moving Average 3.08
20-Day Moving Average 2.4793
10-Day Moving Average 2.399
Average True Range 0.2446
ADX 13.14
+DI 12.4726
-DI 18.0121
Chandelier Exit (Long, 3 ATRs ) 2.5662
Chandelier Exit (Short, 3 ATRs ) 2.9538
Upper Bollinger Band 2.7442
Lower Bollinger Band 2.2144
Percent B (%b) 0.1
BandWidth 21.368935
MACD Line -0.2201
MACD Signal Line -0.2452
MACD Histogram 0.0251
Fundamentals Value
Market Cap 26.26 Million
Num Shares 11.6 Million
EPS -1.48
Price-to-Earnings (P/E) Ratio -1.53
Price-to-Sales 2.30
Price-to-Book 2.61
PEG Ratio -0.39
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.54
Resistance 3 (R3) 2.55 2.48 2.50
Resistance 2 (R2) 2.48 2.41 2.47 2.48
Resistance 1 (R1) 2.37 2.37 2.34 2.36 2.46
Pivot Point 2.30 2.30 2.28 2.29 2.30
Support 1 (S1) 2.19 2.23 2.16 2.18 2.08
Support 2 (S2) 2.12 2.19 2.11 2.06
Support 3 (S3) 2.01 2.12 2.05
Support 4 (S4) 2.00