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 $35.5 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 33.3, MACD -2.433

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.56 (33.7%)

Weekly

EMA Structure

Bearish
EMA 8$27.83Bearish
EMA 21$35.5Bearish
EMA 50$38.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.3 · MACD -2.433

Momentum is weak

Strength
Bearish
Volatility
ATR $6.56 · BB 90.79%

High volatility

Strength
Bearish
Volume
MFI 28.1 · OBV -134.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$17.16 - $70.71

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+296.67% · 8.8 ATR above latest close

$77.27
Nearest resistance

+262.97% · 7.8 ATR above · 34-bar high

$70.71
Current price

Price shown is delayed

$19.48
Nearest support

-11.94% · 0.4 ATR below · 34-bar low

$17.16
Deeper support zone

-45.64% · 1.4 ATR below latest close

$10.59
ATR zone

Latest close ± ATR14

$12.92 - $26.04

Indicators

Trend

Dow Theory Structure

Confirmation $49.37, invalidation $34.81

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

Trend strength is active

38.1 / 15.7 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.6 / $43.93Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$6.56 (33.7%)Bearish
Bollinger Bands (20,2)

Width 90.79%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.83 / $23.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$12.92 / $26.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$70.71Range
Support

Nearest Downside Decision Level

$17.16Range

Momentum

RSI (14)

Momentum is weak

33.3Bearish
MACD (12,26,9)

Histogram is negative

-2.433Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 8.2Bearish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Weak expansion

-177.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.1Bearish
OBV slope

20-period OBV slope

-134.56%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Trend

Dow Theory Structure

Confirmation $49.37, invalidation $34.81

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

Trend strength is active

38.1 / 15.7 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$2.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.6 / $43.93Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

33.3Bearish
MACD (12,26,9)

Histogram is negative

-2.433Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 8.2Bearish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Weak expansion

-177.0Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$6.56 (33.7%)Bearish
Bollinger Bands (20,2)

Width 90.79%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.83 / $23.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$12.92 / $26.04Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.1Bearish
OBV slope

20-period OBV slope

-134.56%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$70.71Range
Support

Nearest Downside Decision Level

$17.16Range

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