INTERDIGITAL INC (IDCC)
US45867G1013 - Common Stock
Taking everything into account, IDCC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDCC is showing a nice and steady performance.
In the last month IDCC has a been trading in the 186.68 - 203.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IDCC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by IDCC over the past year are nicely spread over this period.
IDCC is one of the better performing stocks in the Software industry, it outperforms 84% of 280 stocks in the same industry.
IDCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IDCC is lagging the market slightly.
IDCC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 189.42, a Stop Loss order could be placed below this zone.
More info and screens
127.90
202.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 188.96 to 189.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @162.76 from a trend line in the daily time frame.
- Support @158.67 from a trend line in the weekly time frame.
- Support @129.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 192.49 to 196.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @200.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.23
Mansfield3.39
10 Day High198.47
10 Day Low186.68
20 Day High203.9
20 Day Low186.68
52 Week High203.9
52 Week Low95.33
Performance
1 Week-1.91%
2 Weeks-0.84%
1 Month-0.9%
3 Month36.19%
6 Month64.8%
12 Month76.98%
2 Year288.22%
3 Year168.17%
5 Year252.52%
10 Year263.12%
15 Year623.23%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.83
RSI(14)55.74
LBB187.82
UBB198.47
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.85 | 188.95 | 7.90 (4.01%) | 24.92% |
| An entry @196.85. This is a Buy Stop order right above the resistance zone. | An exit @188.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.90 points, which is 4.01%. | For a 1.00% total portfolio risk, you can invest 24.92% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INTERDIGITAL INC
NASDAQ:IDCC (12/24/2024, 8:20:24 PM)
After market: 192.09 0 (0%)192.09
+2.05 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.08%
1 Week-1.91%
2 Weeks-0.84%
1 Month-0.9%
3 Month36.19%
6 Month64.8%
12 Month76.98%
2 Year288.22%
3 Year168.17%
5 Year252.52%
10 Year263.12%
15 Year623.23%
Volatility
ATR(14)4.98
ATR(20)%2.48%
ATR Inc-34.04%
Range Today2.96
ADR(20)4.71
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.23
Mansfield3.39
10 Day High198.47
10 Day Low186.68
20 Day High203.9
20 Day Low186.68
52 Week High203.9
52 Week Low95.33
CS1 End189.42
CR1 Start192.49
Volume & EV
DER(3)0.14%
DER(5)0.36%
Volume140.50K
Volume Incr50.61%
Vol(5)498.04K
Vol(50)391.22K