IRWD Should I Buy

Buy IRWD now. The stock is in a constructive uptrend (bullish moving-average stack) and is trading just above the key pivot (~4.90), with near-term upside room toward 5.43 (R1) and 5.76 (R2). Options positioning is strongly call-skewed (bullish sentiment), and Wall Street sentiment has recently improved with multiple upgrades and higher price targets.

Trend/levels: IRWD closed at 4.95, slightly above the pivot (4.895), indicating price is holding a key decision level. The moving averages are bullish (SMA_5 > SMA_20 > SMA_200), which typically signals an upward trend structure. Momentum: RSI_6 at ~50.4 is neutral (not overbought), leaving room for continuation if buyers step in. MACD histogram is slightly negative (-0.00857) and expanding bearishly, implying short-term momentum has cooled even as the broader trend remains constructive. Key levels: Support: 4.36 (S1), then 4.03 (S2). Resistance: 5.43 (R1), then 5.76 (R2). With price above the pivot, the technical setup favors a push toward R1 if 4.90 continues to hold. Intellectia Proprietary Trading Signals: **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.