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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Iridium Communications Inc (NASDAQ:IRDM)

Crossroads (-60) - IRDM is struggling to move into a solid trend. Beware of choppy markets 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.

NASDAQ_IRDM
Open High Low IRDM Price Change
27.820 28.605 27.470 28.470 +0.560
Entry Signal

MarketClub’s Trade Triangles for IRDM

long term up The long-term trend has been UP since Sep 27th, 2024 at 30.295

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 29.040

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 29.270

Smart Scan Analysis for IRDM

Based on our trend formula, IRDM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for IRDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.820 28.605 27.470 28.470 +0.560
Prev. Close Volume Bid Ask Time
27.910 702005 2024-11-21 15:59:34
Year High24.1Year High Date2018-10-01
Year Low10.75Year Low Date2018-03-05
52wk High41.6652wk High Date2023-12-14
52wk Low24.1452wk Low Date2024-04-16
Year End Close6.72Average Volume1,029,526
Shares Outstanding113,848Short Interest6,904,766
% Institutional87.2Market Cap3,483M
Assets271,765,600MLiabilities193,095,700M
P/E Ratio38.7639Beta0.38
Volatility64.21
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