Technical Analysis for IRIX - IRIDEX Corporation

Grade Last Price % Change Price Change
F 2.35 -2.49% -0.06
IRIX closed down 2.49 percent on Monday, March 18, 2024, on 1.89 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Earnings Movers Other 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -2.49%

   Recent Intraday Alerts

Alert Time
200 DMA Resistance about 15 hours ago
Fell Below 200 DMA about 15 hours ago
1.5x Volume Pace about 18 hours ago
Reversed from Down about 18 hours ago
Gap Down Partially Closed about 20 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

IRIDEX Corporation Description

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.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Laser Eye Clinic Fiber Optics Ophthalmology Ophthalmic Macular Degeneration Canning Eye Diseases Glaucoma MIDI Infrared Diabetic Retinopathy Retina Teaching Age Related Macular Degeneration Humidifier Laser System Retinopathy Cannula Ophthalmic Product Ophthalmic Products Idex Corporation 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

Indicators

Indicator Value
52 Week High 3.48
52 Week Low 1.3104
Average Volume 26,354
200-Day Moving Average 2.36
50-Day Moving Average 2.71
20-Day Moving Average 2.57
10-Day Moving Average 2.55
Average True Range 0.12
RSI (14) 35.06
ADX 19.67
+DI 9.74
-DI 26.37
Chandelier Exit (Long, 3 ATRs) 2.41
Chandelier Exit (Short, 3 ATRs) 2.67
Upper Bollinger Bands 2.73
Lower Bollinger Band 2.40
Percent B (%b) -0.15
BandWidth 13.01
MACD Line -0.05
MACD Signal Line -0.04
MACD Histogram -0.0165
Fundamentals Value
Market Cap 38.18 Million
Num Shares 16.2 Million
EPS -0.48
Price-to-Earnings (P/E) Ratio -4.90
Price-to-Sales 0.80
Price-to-Book 3.56
PEG Ratio -0.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.59
Resistance 3 (R3) 2.60 2.54 2.55
Resistance 2 (R2) 2.54 2.48 2.53 2.54
Resistance 1 (R1) 2.44 2.44 2.43 2.43 2.52
Pivot Point 2.38 2.38 2.37 2.37 2.38
Support 1 (S1) 2.28 2.32 2.27 2.27 2.18
Support 2 (S2) 2.22 2.28 2.21 2.16
Support 3 (S3) 2.12 2.22 2.15
Support 4 (S4) 2.11