Iridium Communications (IRDM, $26.98) RSI Indicator left the overbought zone on May 12, 2025

#WirelessTelecommunications, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap
IRDM - Iridium Communications
RSI signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $26.98
Daily change: +$0.53 (+2%)
Daily volume: 891.2K
Industry: Wireless Telecommunications

This is a signal that IRDM's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 30 similar cases where IRDM's RSI Indicator left the overbought zone, and in 20 of them led to a successful outcome. Odds of Success: 67%.