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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Iridium Communications Inc (NASDAQ:IRDM)
Bull Market Weakness (+75) - IRDM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IRDM as it may be in the beginning stages of a reversal.
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 DOWN since Jul 25th, 2023 at 58.00
The intermediate-term trend has been UP since Jul 18th, 2024 at 27.25
The short-term trend has been UP since Jul 23rd, 2024 at 27.33
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 |
|---|---|---|---|---|
| 28.31 | 29.17 | 27.72 | 29.06 | +1.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.80 | 1034158 | 2024-07-26 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 | 54.42 | 52wk High Date | 2023-07-28 |
| 52wk Low | 24.14 | 52wk Low Date | 2024-04-16 |
| Year End Close | 6.72 | Average Volume | 1,125,911 |
| Shares Outstanding | 118,383 | Short Interest | 6,904,766 |
| % Institutional | 87.2 | Market Cap | 3,483M |
| Assets | 271,765,600M | Liabilities | 193,095,700M |
| P/E Ratio | 38.6111 | Beta | 0.38 |
| Volatility | 64.21 |