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(IRDM) Iridium Communications complete technical analysis [charts+indicators] | Buy/Sell Iridium Communications | (IRDM) share price targets

Complete technical analysis of Iridium Communications (IRDM) by charts plus indicators, forecast predictions and share price targets for Iridium Communications (IRDM)

Iridium Communications trades in USA in Consumer Durables sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Iridium Communications is 612656

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	29.58	30.23	30.26	29.16	1.413 times
23 Thu May 2024	29.32	30.45	30.61	29.31	0.9 times
22 Wed May 2024	30.58	30.78	31.15	30.23	1.114 times
21 Tue May 2024	31.16	31.28	31.51	31.03	0.897 times
20 Mon May 2024	31.44	31.48	31.66	31.23	0.917 times
17 Fri May 2024	31.48	30.44	31.54	30.35	1.012 times
16 Thu May 2024	30.44	30.43	30.73	30.25	0.747 times
15 Wed May 2024	30.44	30.51	30.70	29.77	1.035 times
14 Tue May 2024	30.28	30.94	30.98	30.23	0.949 times
13 Mon May 2024	30.29	29.93	30.70	29.93	1.3 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.9, but if it comes above 29.9, then a intra day buy could be more profitable.
If you take a sell trade below 29.9, then use 29.9 as stoploss and 29.1 as target. However if you take a buy trade in stock , then use 29.9 as stoploss and 30.54 as target.

Share price targets for Iridium Communications (IRDM)

Target Type	Value
Downside Target	24.14
Downside Target	25.27
Downside Target	27.89
Downside Target	29.16
Upside Target	30.89
Upside Target	31.54
Upside Target	31.66
Upside Target	31.81
Upside Target	32.25
Upside Target	35.85
Upside Target	36.72
Upside Target	41.40

Intraday share price targets for Iridium Communications (IRDM)

Target Type	Value
Downside Intraday Target	29.07
Downside Intraday Target	28.57
Upside Intraday Target	30.17
Upside Intraday Target	30.77
Upside Intraday Target	29.67

Weekly technical analysis of Iridium Communications (IRDM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	29.58	30.23	30.26	29.16	0.369 times
23 Thu May 2024	29.32	31.48	31.66	29.31	0.759 times
17 Fri May 2024	31.48	29.93	31.54	29.77	0.809 times
10 Fri May 2024	29.78	30.35	30.89	29.42	0.606 times
03 Fri May 2024	30.32	31.43	32.25	30.27	0.659 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Iridium Communications (IRDM)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	29.58	30.80	31.81	29.16	0.39 times
30 Tue Apr 2024	30.79	26.18	32.25	24.14	1.228 times
28 Thu Mar 2024	26.16	29.13	30.15	25.27	1.009 times
29 Thu Feb 2024	28.95	36.52	36.72	27.89	1.779 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Iridium Communications (IRDM)

Price action analysis of Iridium Communications ( (IRDM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Iridium Communications ( (IRDM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Iridium Communications ( (IRDM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Iridium Communications ( (IRDM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Iridium Communications stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Iridium Communications in short term but the sell signal is initial and weak.

Iridium Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Iridium Communications in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Iridium Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.46 and Iridium Communications (IRDM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Iridium Communications (IRDM) stock. Volume based technical analysis of Iridium Communications (IRDM) stock is negative.

Iridium Communications Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.