Iridium Communications' stock price drops as MACD and KDJ signals indicate bearish momentum.

Iridium Communications's 15-minute chart has triggered a MACD Death Cross and KDJ Death Cross at 08:45 on 13 August 2025. This indicates that the stock price is poised to continue its downward trend, with a shift in momentum towards the downside and potential further decreases.

On August 13, 2025, at 08:45, Iridium Communications Inc.'s 15-minute chart triggered both a MACD Death Cross and a KDJ Death Cross [1]. These technical indicators suggest a significant shift in the stock's momentum, signaling a potential continuation of the downward trend and further price decreases.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend reversal. Similarly, the KDJ (Kaufman Adaptive Moving Average) Death Cross is formed when the K line crosses below the D line, also indicating a downward trend. Both events are strong signals that the stock's momentum is shifting to the downside.

Iridium Communications Inc. has been experiencing volatility in its stock price, with a 4.76% gain on the last trading day, August 12, 2025. The stock price fluctuated between $24.09 and $24.95, with a total of 2 million shares traded. Despite this recent increase, the stock is still within a weak rising trend in the short term and may pose a buying opportunity [1].

The stock's recent performance includes a 1.14% gain over the past two weeks, and its volume has been increasing, which is a positive technical sign. However, the long-term Moving Average holds a general sell signal, which could indicate a potential trend shift [1]. The stock is expected to rise 2.25% in the next three months, with a 90% probability of holding a price between $24.31 and $33.33 at the end of this period [1].

Given the MACD and KDJ Death Crosses, investors should be cautious. The stock may face resistance at $28.56 and find support at $24.26, with a recommended stop-loss at $23.66 (-4.93%) [1]. The stock is oversold on RSI14 (21), which increases the risk of further price drops [1].

For the upcoming trading day on Wednesday, August 13, 2025, the stock is expected to open at $24.64 and move between $24.37 and $25.41, with a possible trading interval of +/-$1.03 (+/-4.25%) [1]. The stock is closer to its support at $24.66 than its resistance at $25.27, making the trading risk/reward attractive [1].

In conclusion, the MACD and KDJ Death Crosses indicate a potential continuation of the downward trend for Iridium Communications Inc. Investors should exercise caution and consider the stock's high volatility and risk before making any investment decisions.

References:
[1] https://stockinvest.us/stock/IRDM