INTERDIGITAL INC (IDCC) Technical Analysis
NASDAQ:IDCC • US45867G1013
Current stock price
IDCC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to IDCC. IDCC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IDCC has a been trading in the 278.77 - 387.30 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.
- IDCC is part of the Software industry. There are 272 other stocks in this industry. IDCC outperforms 81% of them.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, IDCC outperforms 65% of them, which is more or less in line with the market.
- IDCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDCC is lagging the market.
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
282.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 290.49 to 290.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @285.52 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 346.78 to 350.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 375.13 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 | NEUTRAL | NEUTRAL | The short term trend for IDCC is neutral. |
| ChartMill Relative Strength | 65.38 | NEUTRAL | IDCC is not amongst the best or worst performers 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) | 29.37 | OVERSOLD | The low RSI value suggests IDCC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.49 | NEGATIVE | The MACD value suggests IDCC has a negative trend. |
| Stochastics (14,3) | 11.78 | OVERSOLD | The low Stochastics value suggests IDCC may be oversold. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for IDCC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.87 | POSITIVE | The high ADX value value for IDCC suggests a strong trend. |
IDCC Chart- and CandleStick Pattern Analysis
IDCC Technicals: Chart, Performance Metrics, Trend & Indicators
290.5
-6.06 (-2.04%)
INTERDIGITAL INC / IDCC TA FAQ
What is the technical rating for IDCC stock?
ChartMill assigns a technical rating of 2 / 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 INTERDIGITAL INC (IDCC) stock?
INTERDIGITAL INC (IDCC) has an RSI value of 29.3679. This indicates that the stock is currently oversold.
What is the MACD signal for INTERDIGITAL INC (IDCC) stock?
The MACD indicator for INTERDIGITAL INC (IDCC) has a value of -7.49085, indicating a bearish trend.