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20 Day Moving Average Support appears for IREN after 8.7% move

Iris Energy Limited (IREN) — Daily Technical Analysis & Swing Trading Signals · Aug 7, 2026, 20:11 ET
IREN closed up 8.7% on Friday, August 7th, with volume running 0.7× below average. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Death Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 38.59, 35.94 & 34.59, with resistance at 42.59, 43.94 & 46.59.

Current SwingTradeBot Technical Rating of IREN: D

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IREN Limited (IREN)