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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Iridium Communications Inc (NASDAQ:IRDM)
Weak Downtrend (-65) - IRDM is showing signs of a strengthening downtrend. Monitor IRDM as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for IRDM
The long-term trend has been UP since Sep 27th, 2024 at 30.295
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 29.040
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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.33 | 28.67 | 27.16 | 27.32 | -1.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.32 | 722657 | 2024-11-19 15:59:30 |
| Year High | 24.1 | Year High Date | 2018-10-01 |
| Year Low | 10.75 | Year Low Date | 2018-03-05 |
| 52wk High | 41.66 | 52wk High Date | 2023-12-14 |
| 52wk Low | 24.14 | 52wk Low Date | 2024-04-16 |
| Year End Close | 6.72 | Average Volume | 1,069,298 |
| Shares Outstanding | 113,848 | Short Interest | 6,904,766 |
| % Institutional | 87.2 | Market Cap | 3,483M |
| Assets | 271,765,600M | Liabilities | 193,095,700M |
| P/E Ratio | 39.7083 | Beta | 0.38 |
| Volatility | 64.21 |