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Stock Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Iridium Communications Inc (NASDAQ:IRDM)

Strong Downtrend (-100) - IRDM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IRDM continues to fall. Traders should use caution and set stops.

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.

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Open High Low IRDM Price Change
25.610 25.610 24.550 24.675 -1.025
Entry Signal

MarketClub’s Trade Triangles for IRDM

long term down The long-term trend has been DOWN since Jul 25th, 2023 at 58.00

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2024 at 38.91

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 25.00

Smart Scan Analysis for IRDM

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

Smart Scan Analysis for IRDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.610 25.610 24.550 24.675 -1.025
Prev. Close Volume Bid Ask Time
24.670 835300 2024-04-12 15:59:48
Year High24.1Year High Date2018-10-01
Year Low10.75Year Low Date2018-03-05
52wk High68.3452wk High Date2023-04-24
52wk Low24.7452wk Low Date2024-04-03
Year End Close6.72Average Volume1,212,209
Shares Outstanding122,446Short Interest6,904,766
% Institutional87.2Market Cap3,483M
P/E Ratio214.1667Beta0.38
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