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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.

10 day averaged volume of Iridium Communications is 691038

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 31.48 30.44 31.54 30.35 0.897 times
16 Thu May 2024 30.44 30.43 30.73 30.25 0.662 times
15 Wed May 2024 30.44 30.51 30.70 29.77 0.918 times
14 Tue May 2024 30.28 30.94 30.98 30.23 0.841 times
13 Mon May 2024 30.29 29.93 30.70 29.93 1.152 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.2, but if it comes below 31.2, then a intra day sell could be more profitable.
If you take a sell trade below 31.2, then use 31.2 as stoploss and 30.3 as target. However if you take a buy trade in stock , then use 31.2 as stoploss and 32.2 as target.

Share price targets for Iridium Communications (IRDM)

Target Type Value
Downside Target 24.14
Downside Target 25.27
Downside Target 27.00
Downside Target 27.71
Downside Target 29.42
Downside Target 30.89
Upside Target 31.54
Upside Target 31.83
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 30.32
Downside Intraday Target 29.16
Upside Intraday Target 32.09
Upside Intraday Target 32.7
Downside Intraday Target 30.93

Weekly technical analysis of Iridium Communications (IRDM)

Date Weekly Closing Price Open High Low Volume
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
26 Fri Apr 2024 31.37 27.46 31.83 27.00 1.294 times
19 Fri Apr 2024 27.40 24.69 27.71 24.14 1.686 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
17 Fri May 2024 31.48 30.80 31.81 29.42 0.29 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 1.841 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 28, 15, 32 Buy
MACD 1, 1Buy
Stochastics 62None
CCI 195Buy
RSI 59Buy
OBV 11473965Sell
VWAP 30Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Iridium Communications ( (IRDM) ) based on a short 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.

Price action analysis of Iridium Communications ( (IRDM) ) based on a short 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Iridium Communications in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Iridium Communications Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Iridium Communications in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 30.34 and Iridium Communications (IRDM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

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