Iridium Communications (Germany) Technical Analysis

6IC Stock  EUR 27.85  0.10  0.36%   
As of the 29th of November, Iridium Communications retains the Market Risk Adjusted Performance of 0.3814, downside deviation of 2.98, and Risk Adjusted Performance of 0.0901. Iridium Communications technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Iridium Communications mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Iridium Communications is priced fairly, providing market reflects its last-minute price of 27.85 per share.

Iridium Communications Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Iridium, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Iridium
  
Iridium Communications' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Iridium Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Iridium Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Iridium Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Iridium Communications Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Iridium Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Iridium Communications Trend Analysis

Use this graph to draw trend lines for Iridium Communications. You can use it to identify possible trend reversals for Iridium Communications as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Iridium Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Iridium Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Iridium Communications applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Iridium Communications will continue generating value for investors. It has 122 observation points and a regression sum of squares at 92.63, which is the sum of squared deviations for the predicted Iridium Communications price change compared to its average price change.

About Iridium Communications Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Iridium Communications on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Iridium Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Iridium Communications price pattern first instead of the macroeconomic environment surrounding Iridium Communications. By analyzing Iridium Communications's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Iridium Communications's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Iridium Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.

Iridium Communications November 29, 2024 Technical Indicators

Most technical analysis of Iridium help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Iridium from various momentum indicators to cycle indicators. When you analyze Iridium charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Iridium Communications November 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Iridium stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Iridium Stock analysis

When running Iridium Communications' price analysis, check to measure Iridium Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iridium Communications is operating at the current time. Most of Iridium Communications' value examination focuses on studying past and present price action to predict the probability of Iridium Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium Communications' price. Additionally, you may evaluate how the addition of Iridium Communications to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA