Pattern Intelligence · EBS

IREN quant read

The pattern is not clean enough for a strong directional call. The chart needs confirmation.

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Next week 46.5%

Unclear · avg analogue +0.43%

Low conviction

Next 4 weeks 59.9%

Unclear · avg analogue +2.28%

Low conviction

Live chart evidence Chart evidence is mixed

The current setup has both supportive and challenging components.

Quant agreement Evidence not decisive

A decisive weekly close that pulls the 1-week and 4-week evidence into agreement.

Current weekly tape

Price, trend line, and fair value

Use this to anchor the probability read to the actual chart. A bearish analogue read is more serious when price is below trend or stretched above fair value.

Close: 144.50
Trend Line: 151.33
Fair value: 117.39

Hover chart for weekly context.

Practical insights

What this is saying

Pattern Lab compares today’s setup with resolved historical setups. The useful question is not “does it look similar?” but “when it looked similar before, did price actually go higher?”

Bias: wait for confirmation A decisive weekly close that pulls the 1-week and 4-week evidence into agreement.

Supportive

Price vs Fair Value: +23.10%
Price Cycle: +0.23

Headwinds

Price vs Trend Line: -4.51%
Market Activity: -0.14

Signal stack

What changed underneath price?

Each signal is standardized against its own recent history, so the lines show whether the current reading is unusually strong or weak for this stock.

Hover for standardized signal values.

Historical memory

Nearest 4-week analogue returns

Bars are the forward 4-week returns from the closest resolved examples, ordered by similarity. Red clustering is the warning sign.

Hover for analogue return and similarity rank.

Outcome frame

Range of outcomes from the nearest 4-week analogues

This is not a forecast range. It is the historical distribution of similar setups, translated into bear/base/bull context.

Bear case +0.12%

What weaker historical analogues tended to deliver.

Base analogue +3.27%

The middle outcome from the nearest resolved examples.

Bull case +9.11%

What stronger historical analogues tended to deliver.

Evidence stack

Why the model sees this setup

These are the current conditions feeding the analogue read. The point is not the number alone; it is whether the evidence agrees with the probability read.

Price vs Trend Line -4.51%

Price is close to trend, so direction still needs confirmation.

Price vs Fair Value +23.10%

Price is stretched above the current Fair Value estimate.

Market Dynamics -0.01

Market Dynamics are neutral.

Relative Strength -0.04

Relative strength is not giving a clear edge.

Market Activity -0.14

This component is a drag.

Price Cycle +0.23

This component is supportive.

Historical rhymes

Closest resolved setups

The table keeps the model honest: these are the actual examples behind the headline odds.

Ticker	Week	Similarity	Outcome	4W return
9780 JPX	2024-06-07	0.8254	higher	+9.59%
1882 JPX	2023-01-06	0.8146	higher	+7.02%
ECMPA AMS	2025-11-07	0.8128	higher	+0.19%
5929 JPX	2024-01-19	0.8092	higher	+11.65%
HCG NSI	2026-01-23	0.8053	lower	-4.81%
TW NASDAQ	2025-03-28	0.8049	lower	-7.82%
8101 JPX	2022-11-18	0.8023	higher	+1.46%
1301 JPX	2022-12-23	0.7976	higher	+1.62%
ITP PAR	2021-10-15	0.796	higher	+19.15%
GDF ASX	2022-03-25	0.7959	higher	+4.80%
ARTNA NASDAQ	2022-06-03	0.7941	higher	+3.66%
HVID CPH	2021-09-24	0.794	higher	+2.88%

Distinctive drivers

What made this setup unusual

These are the largest deviations from the run baseline, renamed into plain market language.

Sector structure -1.06639
Trend Signal 0.57698
Price vs Fair Value 0.29083
Price Cycle 0.28433

This is historical analogue evidence, not advice. It becomes more useful when probability, average return, chart evidence, and nearby examples all point in the same direction.