IDCC Technical Analysis - INTERDIGITAL INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to IDCC. Both in the recent history as in the last year, IDCC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, IDCC did better than 95% 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 87% of 280 stocks in the same industry.

IDCC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month IDCC has a been trading in the 255.94 - 340.10 range, which is quite wide. It is currently trading near the high of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INTERDIGITAL INC / IDCC Weekly stock chart

INTERDIGITAL INC / IDCC Daily stock chart

Setup Rating and Analysis

Although IDCC has an excellent technical rating, it 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

216.32

342.60

4 important support areas can be observed.

A support zone ranging from 294.03 to 300.11. 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 241.46 to 244.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @228.49 from a trend line in the weekly time frame.
Support @218.51 from a horizontal line in the daily time frame.

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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	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	95.92	POSITIVE	IDCC has a high relative strength, it outperformed 95.92% 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)	78.86	OVERBOUGHT	The high RSI value suggests IDCC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	3.62	POSITIVE	The MACD value suggests IDCC has a positive trend.
Stochastics (14,3)	93.07	OVERBOUGHT	The high Stochastics value suggests IDCC may be overbought.
Average True Range in percent/ATR (20)	2.79	MEDIUM VOLATILITY	The ATR as a percentage value for IDCC suggests some volalility.
Average Directional Index/ADX (14)	47.33	POSITIVE	The high ADX value value for IDCC suggests a strong trend.