US stock / ETF

IREN Limited

IREN · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

IREN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $20.42 and stabilize above resistance $24.28.

Invalidation Trigger

Break above $24.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -0.063

4h
Volatility EnvironmentBearish
High volatility

ATR is $1.13 (5.78%)

4h

EMA Structure

Bearish
EMA 8$19.75Bearish
EMA 21$20.42Bearish
EMA 50$22.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -0.063

Momentum is weak

Strength
Bearish
Volatility
ATR $1.13 · BB 17.48%

High volatility

Strength
Bearish
Volume
MFI 25.1 · OBV -8.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$17.18 - $24.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+30.42% · 5.3 ATR above latest close

$25.41
Nearest resistance

+24.64% · 4.3 ATR above · 34-bar high

$24.28
Current price

Price shown is delayed

$19.48
Nearest support

-11.81% · 2.0 ATR below · 34-bar low

$17.18
Deeper support zone

-17.58% · 3.0 ATR below latest close

$16.05
ATR zone

Latest close ± ATR14

$18.35 - $20.61

Indicators

Trend

Dow Theory Structure

Confirmation $18.43, invalidation $21.76

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

Trend strength is active

33.5 / 10.1 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$16.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.96 / $22.48Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Volatility

ATR (14)

High volatility

$1.13 (5.78%)Bearish
Bollinger Bands (20,2)

Width 17.48%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$22.42 / $18.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.35 / $20.61Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.28Range
Support

Nearest Downside Decision Level

$17.18Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.5 / 21.7Bullish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Weak expansion

-116.5Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-8.75%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Trend

Dow Theory Structure

Confirmation $18.43, invalidation $21.76

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

Trend strength is active

33.5 / 10.1 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$16.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$19.96 / $22.48Bearish
Donchian Channel (20)

20-period breakout channel position

27%Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.5 / 21.7Bullish
Williams %R (14)

Neutral zone

-68.5Range
CCI (20)

Weak expansion

-116.5Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$1.13 (5.78%)Bearish
Bollinger Bands (20,2)

Width 17.48%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$22.42 / $18.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.35 / $20.61Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-8.75%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.28Range
Support

Nearest Downside Decision Level

$17.18Range

Related Forecasts