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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
InterDigital, Inc. (NASDAQ:IDCC)
Bull Market Weakness (+75) - IDCC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDCC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDCC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDCC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDCC
The long-term trend has been DOWN since Apr 1st, 2024 at 100.5532
The intermediate-term trend has been UP since Apr 29th, 2024 at 101.1700
The short-term trend has been UP since May 2nd, 2024 at 101.3300
Smart Scan Analysis for IDCC
Based on our trend formula, IDCC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 104.52 | 106.50 | 104.52 | 105.75 | +0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.43 | 369486 | 2024-05-08 15:59:36 |
| Year High | 85.85 | Year High Date | 2018-07-09 |
| Year Low | 68.22 | Year Low Date | 2018-10-29 |
| 52wk High | 119.86 | 52wk High Date | 2024-02-16 |
| 52wk Low | 74.65 | 52wk Low Date | 2023-10-30 |
| Year End Close | 41.09 | Average Volume | 526,326 |
| Shares Outstanding | 25,703 | Short Interest | 4,576,387 |
| % Institutional | 69.5 | Market Cap | 1,721M |
| Assets | 177,081,400M | Liabilities | 118,926,500M |
| P/E Ratio | 13.836 | Beta | 1.11 |
| Volatility | 27.01 |