INTERDIGITAL INC (IDCC) Stock Technical Analysis
NASDAQ:IDCC - US45867G1013 - Common Stock
266.27 USD
+7.73 (+2.99%)
266.27 USD
0 (0%)
Overall IDCC gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IDCC did better than 94% of all other stocks. On top of that, IDCC also shows a nice and consistent pattern of rising prices.
IDCC is part of the Software industry. There are 282 other stocks in this industry. IDCC outperforms 87% of them.
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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IDCC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 260.48, a Stop Loss order could be placed below this zone.
More info and screens
197.09
278.88
We found 4 important support areas.
- A support zone ranging from 258.53 to 260.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 231.40 to 234.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 218.51 to 221.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.08 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @276.12 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 | UP | POSITIVE | The short term trend for IDCC is up. |
| ChartMill Relative Strength | 94.1 | POSITIVE | IDCC has a high relative strength, it outperformed 94.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDCC is above 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) | 60.75 | NEUTRAL | The RSI value for IDCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.68 | NEGATIVE | The MACD value suggests IDCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.79 | NEUTRAL | The Stochastics value for IDCC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for IDCC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.98 | 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)
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 |
|---|---|---|---|
| 276.13 | 258.52 | 17.61 (6.38%) | 15.68% |
| An entry @276.13. This is a Buy Stop order right above the resistance zone. | An exit @258.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 17.61 points, which is 6.38%. | When investing 15.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
266.27
+7.73 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.99%
1 Week-0.92%
2 Weeks0.78%
1 Month18.67%
3 Month25.45%
6 Month25.96%
12 Month97.12%
2 Year207.08%
3 Year430.84%
5 Year335.44%
10 Year438.25%
15 Year977.14%
Volatility
ATR(14)6.85
ATR(20)%3.92%
ATR Inc-2.63%
Range Today11.25
ADR(20)9.51
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield2.27
10 Day High276.88
10 Day Low255.86
20 Day High277.95
20 Day Low213.06
52 Week High277.95
52 Week Low129.76
CS1 End260.48
CR1 Start276.12
Volume & EV
DER(3)-1.4%
DER(5)-1.18%
Volume245.00K
Volume Incr-24.54%
Vol(5)218.32K
Vol(50)258.32K