Iridium Communications' 15min chart hits MACD Death Cross, KDJ Death Cross

Iridium Communications' 15-minute chart recently displayed a MACD Death Cross and KDJ Death Cross on September 4, 2025, at 10:00. This indicates that the stock price may continue to decline, and momentum is shifting towards the downside, potentially leading to further decreases in value.

Iridium Communications Inc. (IRDM), a leading provider of global voice and data satellite communications, recently encountered significant technical challenges. On September 4, 2025, at 10:00, the company's 15-minute chart triggered both the MACD Death Cross and the KDJ Death Cross. These indicators suggest a potential continuation of the stock's downward trend and a shift in momentum towards the downside, which could lead to further decreases in value.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish signal. Similarly, the KDJ (Keltner Channels) Death Cross happens when the KDJ line crosses below the signal line, also signaling a potential downward trend. These signals have historically been reliable in predicting stock price movements.

Iridium Communications reported its Q2 earnings on July 24, 2025, with a stock price of $25.69, marking a 1.70% increase [1]. Despite this, the recent technical indicators suggest a potential decline in the stock's value. The company has been actively expanding its services, including the launch of the Iridium® Chat app, which enables unlimited global messaging via Iridium GO! [2]. However, the current market conditions and technical signals indicate a challenging period ahead.

The partnership between Iridium and Syniverse to bring direct-to-device satellite connectivity to mobile network operators worldwide is a notable development [3]. This strategic move could potentially boost the company's long-term prospects. Nevertheless, the immediate technical indicators point to a downward trend, which could affect investor sentiment.

Gilat Satellite Networks Ltd. (GILT), another player in the satellite communication industry, reported a 57.14% miss in its Q1 earnings per share, which could impact the broader industry's growth prospects [4]. The uncertainty in the macroeconomic environment, including tariff troubles, inflation, and supply chain dynamics, adds further pressure to the industry.

Investors should closely monitor Iridium Communications' stock price and technical indicators as the company navigates these challenging conditions. The recent technical signals suggest a potential continuation of the stock's downward trend, which could impact its value in the short term.

References:
[1] https://www.barchart.com/stocks/quotes/IRDM
[2] https://www.newswire.ca/en/releases/archive/June2025/03/cnw00300138.html
[3] https://www.newswire.ca/en/releases/archive/May2025/29/cnw00300128.html
[4] https://www.zacks.com/stock/news/gilat-satellite-networks-ltd-gilt-q1-earnings-miss-despite-higher-revenues-12744666