Iridium Communications: MACD Death Cross, KDJ Death Cross on 15-minute chart.

Iridium Communications's 15-minute chart has exhibited a MACD Death Cross and KDJ Death Cross, which occurred on July 1, 2025 at 10:45. This suggests that the stock price has the potential to continue declining, and momentum is shifting towards the downside, potentially leading to further decreases.

Iridium Communications Inc. (NASDAQ:IRDM) has recently encountered significant technical challenges, as evidenced by a MACD Death Cross and KDJ Death Cross on its 15-minute chart, occurring on July 1, 2025, at 10:45. These indicators suggest a potential continuation of the stock's downward trend, signaling a shift in momentum towards the downside [1].

The company's latest partnership with GCT Semiconductor Holding Inc. (NYSE:GCTS) to integrate Iridium NTN Direct service into GCT's advanced GDM7243SL chipset aims to expedite the development of a new Iridium network-enabled Narrowband Internet of Things (NB-IoT) chipset. This initiative aligns with the requirements for 3GPP Release 19, the next phase of 5G Advanced technology, which includes integration of satellite communications [2].

Despite the promising collaboration, the stock's technical indicators have raised concerns among investors. The MACD Death Cross and KDJ Death Cross are signals that the stock's momentum is reversing, potentially leading to further price declines. These indicators suggest that the stock may face additional challenges in the near future.

Iridium Communications Inc. offers mobile voice and data communications services and products to businesses, governments, non-governmental organizations, and consumers. As a fabless semiconductor company, GCT Semiconductor designs, develops, and markets ICs for the wireless semiconductor industry. The partnership between the two companies is expected to drive innovation in satellite communications, but the current technical challenges may impact Iridium's stock performance in the short term.

Investors should closely monitor Iridium Communications' stock price and technical indicators to gauge the potential impact of these challenges. The company's strategic partnership with GCT Semiconductor offers long-term growth opportunities, but immediate technical indicators suggest a cautious approach.

References:

[1] https://finance.yahoo.com/news/iridium-communications-gct-semiconductor-partner-071023537.html

[2] https://finance.yahoo.com/news/iridium-communications-gct-semiconductor-partner-071023537.html