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 $40.6 and stabilize above resistance $45.54.

Invalidation Trigger

Break above $45.54 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.6, MACD -0.090

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.57 (4.03%)

4h

EMA Structure

Bearish
EMA 8$39.32Bearish
EMA 21$40.6Bearish
EMA 50$43.65Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.6 · MACD -0.090

Momentum is weak

Strength
Bearish
Volatility
ATR $1.57 · BB 17.69%

Medium volatility

Strength
Range
Volume
MFI 31.6 · OBV -17.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$37.04 - $45.54

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.04% · 5.2 ATR above latest close

$47.11
Nearest resistance

+17.01% · 4.2 ATR above · 34-bar high

$45.54
Current price

Price shown is delayed

$38.92
Nearest support

-4.83% · 1.2 ATR below · 34-bar low

$37.04
Deeper support zone

-8.86% · 2.2 ATR below latest close

$35.47
ATR zone

Latest close ± ATR14

$37.35 - $40.49

Indicators

Trend

Dow Theory Structure

Confirmation $38.31, invalidation $40.62

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

Trend strength is moderate

15.0 / 16.1 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$33.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.45 / $44.86Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Medium volatility

$1.57 (4.03%)Range
Bollinger Bands (20,2)

Width 17.69%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.79 / $37.23Range
ATR channel lower / upper

Current Volatility Envelope

$37.35 / $40.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.54Range
Support

Nearest Downside Decision Level

$37.04Range

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is negative

-0.090Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.2 / 19.1Bullish
Williams %R (14)

Neutral zone

-70.8Range
CCI (20)

Balanced zone

-92.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-17.62%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $38.31, invalidation $40.62

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

Trend strength is moderate

15.0 / 16.1 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$33.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.45 / $44.86Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is negative

-0.090Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.2 / 19.1Bullish
Williams %R (14)

Neutral zone

-70.8Range
CCI (20)

Balanced zone

-92.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$1.57 (4.03%)Range
Bollinger Bands (20,2)

Width 17.69%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.79 / $37.23Range
ATR channel lower / upper

Current Volatility Envelope

$37.35 / $40.49Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-17.62%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.54Range
Support

Nearest Downside Decision Level

$37.04Range

Related Forecasts