INTERDIGITAL INC (IDCC) Stock Technical Analysis
USA - NASDAQ:IDCC - US45867G1013 - Common Stock
348.44 USD
+2.56 (+0.74%)
351 USD
+2.56 (+0.73%)
We assign a technical rating of 8 out of 10 to IDCC. In the last year, IDCC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IDCC has a been trading in the 338.89 - 412.60 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, IDCC did better than 94% of all other 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 89% of 281 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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Besides having an excellent technical rating, IDCC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
236.67
400.52
3 important support areas can be observed.
- A support zone ranging from 345.87 to 348.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 264.36 to 264.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 239.06 to 242.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 370.03 to 378.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @396.55 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IDCC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDCC is down. |
| ChartMill Relative Strength | 94.33 | POSITIVE | IDCC has a high relative strength, it outperformed 94.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IDCC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for IDCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.87 | NEGATIVE | The MACD value suggests IDCC has a negative trend. |
| Stochastics (14,3) | 8.1 | OVERSOLD | The low Stochastics value suggests IDCC may be oversold. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for IDCC suggests high volalility. |
| Average Directional Index/ADX (14) | 25.91 | POSITIVE | The high ADX value value for IDCC suggests a strong trend. |
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)
348.44
+2.56 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.74%
1 Week-5.84%
2 Weeks-3.74%
1 Month-5.02%
3 Month29.66%
6 Month59.33%
12 Month91.38%
2 Year248.72%
3 Year594.52%
5 Year481.61%
10 Year561.3%
15 Year953.64%
Volatility
ATR(14)22.82
ATR(20)%5.67%
ATR Inc-27.67%
Range Today19.07
ADR(20)18.72
ADR(20)%5.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.33
3 months CRS92.21
6 months CRS92.14
Mansfield3.19
10 Day High400
10 Day Low338.89
20 Day High412.6
20 Day Low338.89
52 Week High412.6
52 Week Low169.58
CS1 End348.43
CR1 Start370.03
Volume & EV
DER(3)0.61%
DER(5)1.43%
Volume230.90K
Volume Incr-24.39%
Vol(5)258.52K
Vol(50)385.67K
INTERDIGITAL INC / IDCC FAQ
What is the technical rating for IDCC stock?
ChartMill assigns a technical rating of 8 / 10 to IDCC.
What is the current trend direction of INTERDIGITAL INC (IDCC) stock?
The current trend direction for INTERDIGITAL INC (IDCC) is Bullish.
What is the RSI signal for IDCC stock?
INTERDIGITAL INC (IDCC) has an RSI value of 44.1831. This indicates that the stock is currently neutral.
What is the MACD signal for IDCC stock?
The MACD indicator for INTERDIGITAL INC (IDCC) has a value of -5.87398, indicating a bearish trend.
What is the buy/sell signal for IDCC stock?
The buy/sell signal for INTERDIGITAL INC (IDCC) is hold as the short term and long term trends are mixed.