Iridium Communications (IRDM, $30.04) Moving Average Convergence Divergence (MACD) Histogram turned negative on March 4, 2025

#WirelessTelecommunications, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap
IRDM - Iridium Communications
MACD signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $30.04
Daily change: -$0.9 (-2.91%)
Daily volume: 1.3M
Capitalization: $3.3B
Industry: Wireless Telecommunications

This is a Bearish indicator signaling IRDM's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 43 similar cases where IRDM's MACD histogram became negative, and 36 of them led to successful outcomes. Odds of Success: 84%.