IREN Ltd’s recent filing unveils that its Director Christopher Guzowski acquired Company’s shares for reported $0.22 million on Sep 17 ’24. In the deal valued at $7.73 per share,28,970 shares were bought.
JP Morgan upgraded its IREN Ltd [IREN] rating to an Overweight from a a Neutral in a research note published on March 13, 2025; the price target was decreased to $12 from $15. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. JP Morgan also remained covering IREN and has decreased its forecast on December 10, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. ROTH MKM started covering the stock on October 02, 2024. It rated IREN as “a Buy”.
Price Performance Review of IREN
On Monday, IREN Ltd [NASDAQ:IREN] saw its stock jump 6.68% to $7.51. Over the last five days, the stock has gained 21.32%. IREN Ltd shares have fallen nearly -23.52% since the year began. Nevertheless, the stocks have risen 46.39% over the past one year. While a 52-week high of $15.92 was reached on 01/24/25, a 52-week low of $4.65 was recorded on 04/09/25. SMA at 50 days reached $6.56, while 200 days put it at $9.12.
Levels Of Support And Resistance For IREN Stock
The 24-hour chart illustrates a support level at 7.28, which if violated will result in even more drops to 7.05. On the upside, there is a resistance level at 7.75. A further resistance level may holdings at 7.99. The Relative Strength Index (RSI) on the 14-day chart is 64.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.29%. Stochastics %K at 87.51% indicates the stock is a selling.
The most recent change occurred on September 04, 2024 when Needham began covering the stock and recommended ‘”a Hold”‘ rating .
