US stock / ETF

IREN Limited

IREN · NASDAQ · USD

4 hoursRange47%
4h Range probability 94%Range

IREN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $39.35 - $49.19 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 46.9, MACD -0.197

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.73 (4.13%)

4h

EMA Structure

Range
EMA 8$42.14Bearish
EMA 21$42.53Bearish
EMA 50$41.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.9 · MACD -0.197

Neutral zone

Strength
Bearish
Volatility
ATR $1.73 · BB 12.69%

Medium volatility

Strength
Range
Volume
MFI 42.9 · OBV -521.50%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$39.35 - $49.19

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.54% · 5.2 ATR above latest close

$50.92
Nearest resistance

+17.41% · 4.2 ATR above · 34-bar high

$49.19
Current price

Price shown is delayed

$41.89
Nearest support

-6.07% · 1.5 ATR below · 34-bar low

$39.35
Deeper support zone

-10.2% · 2.5 ATR below latest close

$37.62
ATR zone

Latest close ± ATR14

$40.16 - $43.62

Indicators

Trend

Dow Theory Structure

Confirmation $45.93, invalidation $41.31

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

Trend strength is active

24.3 / 22.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$36.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.22 / $43.13Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

Medium volatility

$1.73 (4.13%)Range
Bollinger Bands (20,2)

Width 12.69%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.87 / $39.17Range
ATR channel lower / upper

Current Volatility Envelope

$40.16 / $43.62Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.19Range
Support

Nearest Downside Decision Level

$39.35Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-0.197Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 34.0Bullish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

-72.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-521.50%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Trend

Dow Theory Structure

Confirmation $45.93, invalidation $41.31

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

Trend strength is active

24.3 / 22.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$36.72Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.22 / $43.13Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-0.197Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 34.0Bullish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

-72.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$1.73 (4.13%)Range
Bollinger Bands (20,2)

Width 12.69%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$45.87 / $39.17Range
ATR channel lower / upper

Current Volatility Envelope

$40.16 / $43.62Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

-521.50%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.19Range
Support

Nearest Downside Decision Level

$39.35Range

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