US stock / ETF

IREN Limited

IREN · NASDAQ · USD

1 hourBearish86%
1h Downside probability 86%Bearish

IREN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $19.8 and stabilize above resistance $21.76.

Invalidation Trigger

Break above $21.76 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.5, MACD -0.031

1h
Volatility EnvironmentRange
Medium volatility

ATR is $0.5753 (2.95%)

1h

EMA Structure

Bearish
EMA 8$19.42Bullish
EMA 21$19.8Bearish
EMA 50$20.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.5 · MACD -0.031

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5753 · BB 13.62%

Medium volatility

Strength
Range
Volume
MFI 34.1 · OBV 52.87%

Relative to 20-period average volume

Strength
Range
Price Levels
$18.43 - $21.76

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.63% · 5.0 ATR above latest close

$22.33
Nearest resistance

+11.68% · 4.0 ATR above · 34-bar high

$21.76
Current price

Price shown is delayed

$19.48
Nearest support

-5.39% · 1.8 ATR below · 34-bar low

$18.43
Deeper support zone

-8.34% · 2.8 ATR below latest close

$17.85
ATR zone

Latest close ± ATR14

$18.9 - $20.06

Indicators

Trend

Dow Theory Structure

Confirmation $18.43, invalidation $20.28

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

Trend strength is active

38.4 / 23.5 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$17.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.72 / $20.19Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Volatility

ATR (14)

Medium volatility

$0.5753 (2.95%)Range
Bollinger Bands (20,2)

Width 13.62%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.07 / $18.48Range
ATR channel lower / upper

Current Volatility Envelope

$18.9 / $20.06Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.76Range
Support

Nearest Downside Decision Level

$18.43Range

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is negative

-0.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.1 / 37.1Bullish
Williams %R (14)

Neutral zone

-47.9Range
CCI (20)

Balanced zone

-49.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.1Bearish
OBV slope

20-period OBV slope

52.87%Bullish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Trend

Dow Theory Structure

Confirmation $18.43, invalidation $20.28

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

Trend strength is active

38.4 / 23.5 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$17.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.72 / $20.19Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is negative

-0.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.1 / 37.1Bullish
Williams %R (14)

Neutral zone

-47.9Range
CCI (20)

Balanced zone

-49.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$0.5753 (2.95%)Range
Bollinger Bands (20,2)

Width 13.62%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$21.07 / $18.48Range
ATR channel lower / upper

Current Volatility Envelope

$18.9 / $20.06Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.1Bearish
OBV slope

20-period OBV slope

52.87%Bullish
Volume ratio

Relative to 20-period average volume

1.54xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$21.76Range
Support

Nearest Downside Decision Level

$18.43Range

Related Forecasts