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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 2024-10-22 View latest technical analysis

10 day averaged volume of Iridium Communications is 1414200

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	28.89	29.38	29.72	28.82	1.091 times
21 Mon Oct 2024	29.73	31.60	31.70	29.69	1.16 times
18 Fri Oct 2024	31.60	33.55	34.36	31.40	1.436 times
17 Thu Oct 2024	33.57	31.00	35.85	30.85	2.484 times
16 Wed Oct 2024	30.20	30.11	30.56	29.76	1.513 times
15 Tue Oct 2024	30.07	29.80	30.28	29.74	0.616 times
14 Mon Oct 2024	30.03	29.63	30.27	29.15	0.684 times
11 Fri Oct 2024	29.55	29.40	29.71	29.07	0.544 times
10 Thu Oct 2024	29.47	29.63	29.99	29.19	0.437 times
09 Wed Oct 2024	29.74	29.41	30.04	29.27	0.458 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.3, but if it comes above 29.3, then a intra day buy could be more profitable.
If you take a sell trade below 29.3, then use 29.3 as stoploss and 28 as target. However if you take a buy trade in stock , then use 29.3 as stoploss and 30.34 as target.

Share price targets for Iridium Communications (IRDM)

Target Type	Value
Downside Target	24.40
Downside Target	25.03
Downside Target	28.82
Upside Target	29.75
Upside Target	30.15
Upside Target	30.30
Upside Target	31.17
Upside Target	31.36
Upside Target	31.70
Upside Target	32.30
Upside Target	35.85

Intraday share price targets for Iridium Communications (IRDM)

Target Type	Value
Downside Intraday Target	27.91
Downside Intraday Target	26.92
Upside Intraday Target	30.79
Upside Intraday Target	32.68
Upside Intraday Target	29.8

Weekly technical analysis of Iridium Communications (IRDM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	28.89	31.60	31.70	28.82	0.334 times
18 Fri Oct 2024	31.60	29.63	35.85	29.15	2.276 times
11 Fri Oct 2024	29.55	29.95	30.15	29.04	0.814 times
04 Fri Oct 2024	29.95	31.15	32.30	29.90	1.072 times
27 Fri Sep 2024	31.03	29.29	31.17	28.93	0.581 times

Price has moved down 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
22 Tue Oct 2024	28.89	30.50	35.85	28.82	0.919 times
30 Mon Sep 2024	30.45	25.71	31.36	25.52	1.167 times
30 Fri Aug 2024	25.80	28.60	29.00	25.03	0.9 times
31 Wed Jul 2024	28.70	26.60	29.75	25.21	0.915 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Iridium Communications ( (IRDM) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing 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 coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.9 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.