Free Irish Residential Properties REIT PLC (IRES) Technical Analysis Signals

Overal Signal
Sell
Signals
Sell Neutral Sell Neutral
Last Update / Period
04 Jan / Daily
Category/Currency
Stocks/USD
Exchange/Country
XISE/Ireland

Irish Residential Properties REIT PLC (IRES) signal with technical analysis on 04 Jan

On 04 Jan, we conducted a comprehensive technical analysis of Irish Residential Properties REIT PLC (IRES), considering 256 signals with intricate details. Here are the key findings: 44 signals suggested buy strategies, while 101 indicated sell strategies. The remaining 111 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 7
Sell Signals: 34
Neutral Signals: 23
Result: This strategy leads to a Sell position.

Strategy 2:
Buy Signals: 13
Sell Signals: 23
Neutral Signals: 28
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 11
Sell Signals: 23
Neutral Signals: 30
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 13
Sell Signals: 21
Neutral Signals: 30
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 44
Sell Signals: 101
Neutral Signals: 111
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Irish Residential Properties REIT PLC (IRES) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Irish Residential Properties REIT PLC (IRES) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Irish Residential Properties REIT PLC (IRES) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Irish Residential Properties REIT PLC (IRES) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 3.56% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Irish Residential Properties REIT PLC (IRES)** investments.

Irish Residential Properties REIT PLC (IRES) Price Analysis and Support Levels:

In our current Irish Residential Properties REIT PLC (IRES) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 0.902
We are closely monitoring the price at 0.902, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 0.873
If the first support level is broken, the second support level at 0.873 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 0.839
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 0.839 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Irish Residential Properties REIT PLC (IRES). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Irish Residential Properties REIT PLC (IRES) technical analysis chart

Irish Residential Properties REIT PLC (IRES) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.93 1.018 1.07 1.2 --
Support 0.902 0.873 0.839 0.803 --
 Irish Residential Properties REIT PLC (IRES) Support and Resistance area (04 Jan)

Irish Residential Properties REIT PLC (IRES) signals list for 04 Jan

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Irish Residential Properties REIT PLC (IRES) candlestick patterns on 04 Jan

Today's Irish Residential Properties REIT PLC (IRES) Candle Patterns List:

Belt-hold Closing Marubozu Engulfing Pattern Long Line Candle Marubozu

Irish Residential Properties REIT PLC (IRES) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Jan Sell SellNeutralSellNeutral
2 02 Jan Neutral NeutralBuyHoldNeutral
3 31 Dec Neutral NeutralNeutralNeutralHold
4 30 Dec Hold NeutralHoldNeutralHold
5 27 Dec Hold HoldHoldHoldHold
6 24 Dec Hold HoldBuyHoldHold
7 23 Dec Buy BuyNeutralHoldHold
8 20 Dec Buy HoldHoldNeutralBuy
9 19 Dec Sell HoldSellSellNeutral
10 18 Dec Buy HoldNeutralBuyBuy
11 17 Dec Sell SellNeutralNeutralNeutral
12 16 Dec Neutral NeutralNeutralNeutralHold
13 13 Dec Hold HoldHoldHoldHold
14 12 Dec Buy BuyBuyHoldHold
15 11 Dec Neutral NeutralNeutralNeutralHold
16 10 Dec Hold NeutralNeutralHoldHold
17 09 Dec Neutral HoldNeutralHoldHold
18 06 Dec Hold NeutralNeutralHoldHold
19 05 Dec Sell SellNeutralHoldHold
20 04 Dec Hold NeutralHoldHoldHold
21 03 Dec Hold NeutralHoldHoldHold
22 02 Dec Hold HoldHoldHoldHold
23 29 Nov Hold HoldHoldHoldHold
24 28 Nov Hold HoldHoldHoldHold
25 27 Nov Buy HoldBuyBuyBuy
26 26 Nov Neutral HoldNeutralNeutralNeutral
27 25 Nov Buy HoldBuyBuyHold
28 22 Nov Buy BuyNeutralNeutralBuy
29 21 Nov Hold HoldHoldHoldHold
30 20 Nov Hold HoldHoldHoldHold

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