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IRIDEX Corporation

Stage 4 · Declining · week 13

As of Oct 22, 2026, IRIDEX is in Stage 4, the downtrend phase, now in week 13 (since Jul 28, 2026). It closed at $0.76, 51.3% below its 52-week high and below its 200-day average, which is falling.

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. More about the company

$0.76
-1.00% today
$13.4M · Micro cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 26w
S4 18w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 7w → S1 3w → S2 10w → S3 3w → S2 6w → S3 6w → S2 8w → S3 2w → S4 26w → S1 7w → S4 18w → S1 2w → S4 4w → S1 7w → S2 3w → S3 1w → S4 1w → S3 2w → S4 9w → S1 2w → S2 9w → S3 4w → S4 8w → S1 5w → S4 12w current
Total tracked: 165 weeks across 25 stage runs.

IRIX among Medical Devices71st of 141 by relative strength

All 141 →
Stocks in Medical Devices ranked by relative strength, with stage and one-month change
#StockStageRS1M
1TXGStage 2 · wk 4899−7.8%
2RCELStage 2 · wk 1398+40.8%
3BFLYStage 2 · wk 2698−26.0%
4HAEStage 2 · wk 1796+8.7%
5GKOSStage 2 · wk 2596+15.1%
6AXGNStage 3 · wk 295−15.3%
7NEOGStage 2 · wk 1495−11.7%
8BVSStage 2 · wk 1595+10.5%
…71IRIXStage 4 · wk 1333+20.6%
vs 52W High
-51.3%
$0.61 lo$1.56 hi
51.3% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 13
1w13w26w
Week 13, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-28.0%
200 DMA: $1.06 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.03x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↑ ⇈
Short-term trend rising strongly, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+20.6%
3M
-14.6%
6M
-27.6%
YTD
-35.0%
1Y
-29.6%
Scan Membership
Breakout Watch
Latest: 2024-04-16
6 appearances in last 60 days. First seen: 2019-06-28.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 13 · Vol 0.03x
2026-10-21S4
Wk 13 · Vol 0.05x
2026-10-20S4
Wk 12 · Vol 0.08x
2026-10-19S4
Wk 12 · Vol 0.08x
2026-10-16S4
Wk 12 · Vol 0.09x
2026-10-15S4
Wk 12 · Vol 0.34x
2026-10-14S4
Wk 12 · Vol 0.07x
2026-10-13S4
Wk 11 · Vol 0.38x
2026-10-12S4
Wk 11 · Vol 0.60x
2026-10-09S4
Wk 11 · Vol 0.42x
2026-10-08S4
Wk 11 · Vol 1.50x
2026-10-07S4
Wk 11 · Vol 262.07x
Moving averages & range
50 DMA
$0.73
200 DMA
$1.06
52W High
$1.56
52W Low
$0.61
5D Low
$0.76
Resistance levels (recent highs)
20d High
$0.93
60d High
$0.93
120d High
$1.19
250d High
$1.56
Next resistance
+22.4%
to 20d High
ROE
-73.1%
Profit margin -6.9%
Dividend Yield
0.00%
P/B -5.6

IRIDEX: quick answers

What stage is IRIDEX in?

As of Oct 22, 2026, IRIDEX (IRIX) is in Stage 4, the downtrend phase. It entered Stage 4 on Jul 28, 2026 and is in week 13. What the four stages mean

Is IRIDEX in an uptrend?

No. IRIDEX is in a Stage 4 downtrend. It trades 28.0% below its 200-day average, which is falling.

How far is IRIDEX from its 52-week high?

IRIDEX closed at $0.76 on Oct 22, 2026, 51.3% below its 52-week high of $1.56. Its 52-week low is $0.61.

How has IRIDEX performed over the past year?

As of Oct 22, 2026, IRIDEX is down 29.6% over the past year and down 35.0% so far in 2026.

Which sector and industry is IRIDEX in?

IRIDEX is in the Medical Devices industry, part of the Health Care sector.

About this companyHealth Care· Medical Devices

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.