INTERDIGITAL INC (IDCC) Technical Analysis
NASDAQ:IDCC • US45867G1013
Current stock price
305.66 USD
-5.8 (-1.86%)
At close:
305.66 USD
0 (0%)
After Hours:
IDCC Technical Rating and Analysis
Taking everything into account, IDCC scores 3 out of 10 in our technical rating. Although IDCC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month IDCC has a been trading in the 300.00 - 382.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- IDCC is part of the Software industry. There are 278 other stocks in this industry. IDCC outperforms 87% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, IDCC did better than 81% of all other stocks. We also observe that the gains produced by IDCC over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 7 months ago.
- IDCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IDCC is lagging the market slightly.
IDCC Weekly and Daily overview Charts
IDCC Setup Rating and Analysis
The technical rating of IDCC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IDCC Support and Resistance Analysis
273.84
382.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 305.65 to 305.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @276.61 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 305.67 to 306.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 340.48 to 346.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 374.70 to 378.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
IDCC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for IDCC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDCC is down. |
| ChartMill Relative Strength | 81.38 | POSITIVE | IDCC has a high relative strength, it outperformed 81.38% 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) | DOWN | NEGATIVE | The current price of IDCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IDCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.94 | OVERSOLD | The low RSI value suggests IDCC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.32 | NEGATIVE | The MACD value suggests IDCC has a negative trend. |
| Stochastics (14,3) | 8.23 | OVERSOLD | The low Stochastics value suggests IDCC may be oversold. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for IDCC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for IDCC suggests a possible start of a new trend. |
IDCC Chart- and CandleStick Pattern Analysis
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)
IDCC Technicals: Chart, Performance Metrics, Trend & Indicators
305.66
-5.8 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.86%
1 Week-13%
2 Weeks-16.42%
1 Month-15.79%
3 Month-7.57%
6 Month-11.42%
12 Month45.52%
2 Year187.11%
3 Year319.29%
5 Year381.73%
10 Year449.25%
15 Year540.66%
Volatility
ATR(14)16.58
ATR(20)%5.4%
ATR Inc14.02%
Range Today12.4
ADR(20)16.18
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
3 months CRS33.7
6 months CRS29.4
Mansfield0.33
10 Day High375
10 Day Low300
20 Day High382.43
20 Day Low300
52 Week High412.6
52 Week Low180.6
CS1 End305.65
CR1 Start305.67
Volume & EV
DER(3)-1.31%
DER(5)-0.23%
Volume541.10K
Volume Incr520.47%
Vol(5)1.59M
Vol(50)406.15K
INTERDIGITAL INC / IDCC TA FAQ
What is the technical rating for IDCC stock?
ChartMill assigns a technical rating of 3 / 10 to IDCC.
Can you provide the trend direction for INTERDIGITAL INC?
The current trend direction for INTERDIGITAL INC (IDCC) is Bearish.
What is the RSI signal for IDCC stock?
INTERDIGITAL INC (IDCC) has an RSI value of 28.9384. This indicates that the stock is currently oversold.
Can you provide the short term momentum for INTERDIGITAL INC?
The short term momentum for INTERDIGITAL INC (IDCC) is negative.