IRIDIUM COMMUNICATIONS INC (IRDM) Stock Technical Analysis
NASDAQ:IRDM - Nasdaq - US46269C1027 - Common Stock - Currency: USD
Taking everything into account, IRDM scores 4 out of 10 in our technical rating. In the last year, IRDM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
79% of all other stocks performed better in the past year than IRDM.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
IRDM is an average performer in the Diversified Telecommunication Services industry, it outperforms 45% of 32 stocks in the same industry.
IRDM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRDM is lagging the market.
In the last month IRDM has a been trading in the 26.92 - 30.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IRDM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.40
31.92
4 important support areas can be observed.
- A support zone ranging from 28.83 to 29.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.16 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.99 to 27.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.55 to 29.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.48 to 31.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.21
Mansfield-0.76
10 Day High30.08
10 Day Low26.92
20 Day High30.94
20 Day Low26.92
52 Week High37.13
52 Week Low24.14
Performance
1 Week6.87%
2 Weeks-1.18%
1 Month0.68%
3 Month1.31%
6 Month1.17%
12 Month-19.47%
2 Year-50.85%
3 Year-18.03%
5 Year15.11%
10 Year245.59%
15 Year337.65%
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)0.09
RSI(14)53.79
LBB26.78
UBB30.76
IRIDIUM COMMUNICATIONS INC
NASDAQ:IRDM (1/23/2025, 9:12:13 PM)
After market: 29.44 +0.03 (+0.1%)29.41
+0.28 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.96%
1 Week6.87%
2 Weeks-1.18%
1 Month0.68%
3 Month1.31%
6 Month1.17%
12 Month-19.47%
2 Year-50.85%
3 Year-18.03%
5 Year15.11%
10 Year245.59%
15 Year337.65%
Volatility
ATR(14)0.96
ATR(20)%3.03%
ATR Inc70.1%
Range Today1.49
ADR(20)0.83
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.21
Mansfield-0.76
10 Day High30.08
10 Day Low26.92
20 Day High30.94
20 Day Low26.92
52 Week High37.13
52 Week Low24.14
CS1 End29.33
CR1 Start29.55
Volume & EV
DER(3)3.24%
DER(5)4.13%
Volume919.10K
Volume Incr23.5%
Vol(5)1.02M
Vol(50)947.46K