US stock / ETF

IREN Limited

IREN · NASDAQ · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

IREN 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $39.22 and stabilize above resistance $62.02.

Invalidation Trigger

Break above $62.02 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.6, MACD 0.528

Daily
Volatility EnvironmentBearish
High volatility

ATR is $4.31 (12.07%)

Daily

EMA Structure

Bearish
EMA 8$36.89Bearish
EMA 21$39.22Bearish
EMA 50$43.94Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.6 · MACD 0.528

Momentum is weak

Strength
Bearish
Volatility
ATR $4.31 · BB 35.24%

High volatility

Strength
Bearish
Volume
MFI 50.2 · OBV -68.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$28.93 - $62.02

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+85.8% · 7.1 ATR above latest close

$66.33
Nearest resistance

+73.73% · 6.1 ATR above · 34-bar high

$62.02
Current price

Price shown is delayed

$35.7
Nearest support

-18.96% · 1.6 ATR below · 34-bar low

$28.93
Deeper support zone

-31.03% · 2.6 ATR below latest close

$24.62
ATR zone

Latest close ± ATR14

$31.39 - $40.01

Indicators

Trend

Dow Theory Structure

Confirmation $28.93, invalidation $40.82

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

28.1 / 25.5 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$22.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.57 / $49.82Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Volatility

ATR (14)

High volatility

$4.31 (12.07%)Bearish
Bollinger Bands (20,2)

Width 35.24%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.91 / $30.07Bearish
ATR channel lower / upper

Current Volatility Envelope

$31.39 / $40.01Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.02Range
Support

Nearest Downside Decision Level

$28.93Range

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is positive

0.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 57.8Bearish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

-60.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-68.47%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $28.93, invalidation $40.82

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

28.1 / 25.5 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$22.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.57 / $49.82Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bearish

Momentum

RSI (14)

Momentum is weak

43.6Bearish
MACD (12,26,9)

Histogram is positive

0.528Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.8 / 57.8Bearish
Williams %R (14)

Neutral zone

-54.2Range
CCI (20)

Balanced zone

-60.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$4.31 (12.07%)Bearish
Bollinger Bands (20,2)

Width 35.24%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.91 / $30.07Bearish
ATR channel lower / upper

Current Volatility Envelope

$31.39 / $40.01Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-68.47%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.02Range
Support

Nearest Downside Decision Level

$28.93Range

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