IRIDIUM COMMUNICATIONS INC (IRDM)
US46269C1027 - Common Stock
We assign a technical rating of 2 out of 10 to IRDM. In the past year, IRDM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than IRDM.
IRDM is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry, of which 88% are performing better than IRDM.
IRDM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IRDM is lagging the market.
In the last month IRDM has a been trading in the 24.14 - 29.72 range, which is quite wide. It is currently trading near the high of this range.
IRDM has an average volume of 1371960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of IRDM is bad and it also does not present a 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.
More info and screens
28.99
30.54
We found 1 important support area.
- A support zone ranging from 29.28 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.70 to 29.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.24 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.01
Mansfield-3.88
10 Day High29.72
10 Day Low24.14
20 Day High29.72
20 Day Low24.14
52 Week High65.69
52 Week Low24.14
Performance
1 Week13.93%
2 Weeks15.53%
1 Month12.89%
3 Month-18.7%
6 Month-17.64%
12 Month-53.22%
2 Year-16.86%
3 Year-21.85%
5 Year8.12%
10 Year345.13%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.69
RSI(14)69.4
LBB22.96
UBB29.96
IRIDIUM COMMUNICATIONS INC
NASDAQ:IRDM (4/25/2024, 7:00:03 PM)
After market: 29.69 0 (0%)29.69
+0.41 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.4%
1 Week13.93%
2 Weeks15.53%
1 Month12.89%
3 Month-18.7%
6 Month-17.64%
12 Month-53.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%3.11%
ATR Inc
Range Today0.82
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.72
10 Day Low24.14
20 Day High29.72
20 Day Low24.14
52 Week High65.69
52 Week Low24.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.74M
Volume Incr49.24%
Vol(5)1.75M
Vol(50)1.37M