US stock / ETF

IREN Limited

IREN · NASDAQ · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

IREN 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $40.16 and stabilize above resistance $70.71.

Invalidation Trigger

Break above $70.71 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 36.9, MACD -1.805

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.43 (29.28%)

Weekly

EMA Structure

Bearish
EMA 8$35.26Bearish
EMA 21$40.16Bearish
EMA 50$40.34Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.9 · MACD -1.805

Momentum is weak

Strength
Bearish
Volatility
ATR $7.43 · BB 81.66%

High volatility

Strength
Bearish
Volume
MFI 40.1 · OBV -71.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$24.86 - $70.71

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+207.93% · 7.1 ATR above latest close

$78.14
Nearest resistance

+178.65% · 6.1 ATR above · 34-bar high

$70.71
Current price

Price shown is delayed

$25.38
Nearest support

-2.05% · 0.1 ATR below · 34-bar low

$24.86
Deeper support zone

-31.33% · 1.1 ATR below latest close

$17.43
ATR zone

Latest close ± ATR14

$17.95 - $32.8

Indicators

Trend

Dow Theory Structure

Confirmation $49.37, invalidation $34.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.1 / 16.8 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$7.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.45 / $50.86Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

High volatility

$7.43 (29.28%)Bearish
Bollinger Bands (20,2)

Width 81.66%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.04 / $26.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.95 / $32.8Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$70.71Range
Support

Nearest Downside Decision Level

$24.86Range

Momentum

RSI (14)

Momentum is weak

36.9Bearish
MACD (12,26,9)

Histogram is negative

-1.805Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 11.6Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-190.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

-71.60%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $49.37, invalidation $34.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.1 / 16.8 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$7.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.45 / $50.86Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

36.9Bearish
MACD (12,26,9)

Histogram is negative

-1.805Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.1 / 11.6Bearish
Williams %R (14)

Oversold zone

-97.9Bullish
CCI (20)

Weak expansion

-190.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$7.43 (29.28%)Bearish
Bollinger Bands (20,2)

Width 81.66%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.04 / $26.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.95 / $32.8Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

-71.60%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$70.71Range
Support

Nearest Downside Decision Level

$24.86Range

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