Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Iridium Communications Inc (NASDAQ:IRDM)
Sidelines Mode (+55) - IRDM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IRDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for IRDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IRDM
The long-term trend has been DOWN since Jul 25th, 2023 at 58.0000
The intermediate-term trend has been UP since Apr 18th, 2024 at 26.4900
The short-term trend has been DOWN since May 3rd, 2024 at 30.5109
Smart Scan Analysis for IRDM
Based on our trend formula, IRDM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.5700 | 30.8400 | 30.0641 | 30.3700 | -0.1000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.3400 | 637439 | 2024-05-07 15:59:46 |
| Year High | 24.1 | Year High Date | 2018-10-01 |
| Year Low | 10.75 | Year Low Date | 2018-03-05 |
| 52wk High | 65.12 | 52wk High Date | 2023-06-07 |
| 52wk Low | 24.14 | 52wk Low Date | 2024-04-16 |
| Year End Close | 6.72 | Average Volume | 1,371,746 |
| Shares Outstanding | 121,429 | Short Interest | 6,904,766 |
| % Institutional | 87.2 | Market Cap | 3,483M |
| Assets | 273,595,800M | Liabilities | 188,227,300M |
| P/E Ratio | 144.4762 | Beta | 0.38 |
| Volatility | 64.21 |