Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. IREN Ltd shares valued at $223,938 were purchased by Christopher Guzowski on Sep 17 ’24. At $7.73 per share, Christopher Guzowski acquired 28,970 shares.
As published in a research note from JP Morgan on March 13, 2025, IREN Ltd [IREN] has been rated up from a Neutral to an Overweight and the price target has been revised to $12 from $15. Analysts at BTIG Research started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of December 10, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for IREN. Earlier on October 02, 2024, ROTH MKM initiated its rating. Their recommendation was “a Buy” for IREN stock.
Analyzing IREN Stock Performance
During the last five days, there has been a surge of approximately 15.17%. Over the course of the year, IREN Ltd shares have dropped approximately -35.85%. Shares of the company reached a 52-week high of $13.63 on 01/24/25 and a 52-week low of $5.13 on 04/09/25. A 50-day SMA is recorded $7.61, while a 200-day SMA reached $9.42.
Support And Resistance Levels for IREN Ltd (IREN)
According to the 24-hour chart, there is a support level at 6.09, which, if violated, would cause prices to drop to 5.88. In the upper region, resistance lies at 6.43. The next price resistance is at 6.56. RSI (Relative Strength Index) is 48.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.41, which suggests the price will decrease in the coming days. Percent R is at 17.61%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
