IREN stock closes 16.95% lower at $18.03, below all three daily EMAs

IREN stock shows a bearish daily setup, despite a reported premarket gain following its earnings results. The central question is whether that positive news response can translate into sustained trading above resistance. Completed daily and hourly charts do not establish a bullish case. Key takeaways IREN closed at $18.03 on Thursday, November 5, 2026, a decline of 16.95% from the previous close of $21.71, on volume of 126,745,400 shares. The daily close sits below the 20-session EMA at $27.34, the 50-session EMA at $33.55 and the 200-session EMA at $40.09. Daily RSI14 is 26.84, down from 31.22, and the daily MACD line is -4.43, below its signal at -4.04. Daily ATR14 is $2.83, up from $2.7, while hourly RSI14 is 27.53, down from 29.85.

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