Iridium Communications Triggers MACD Death Cross and KDJ Death Cross on 15min Chart

Friday, Jun 13, 2025 9:47 am ET1min read
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Based on the 15-minute chart of Iridium Communications, a technical analysis indicator, the Moving Average Convergence Divergence (MACD) and the KDJ indicators have both triggered "Death Cross" signals at 06/13/2025 09:45. This suggests that the stock price has the potential to continue its downward trend, as the momentum of the stock price is shifting towards the downside and may further decrease.

Iridium Communications Inc (Symbol: IRDM) has experienced a significant market event as both the Moving Average Convergence Divergence (MACD) and the KDJ indicators have triggered "Death Cross" signals on the 15-minute chart at 06/13/2025 09:45. This technical analysis suggests that the stock price may continue its downward trend, indicating a shift in momentum towards the downside [4].

The "Death Cross" signal occurs when the MACD line crosses below the signal line, and the KDJ indicator's lines also cross in a bearish manner. This combination typically signals a potential reversal in the stock's price trend, with the momentum shifting towards the downside. As a result, investors should be cautious and closely monitor the stock's performance in the coming days.

Historically, Iridium Communications has shown a stable dividend history, with the company paying a quarterly dividend of $0.14 on 6/30/25. However, the recent technical signals suggest that the stock's price may face further downward pressure, potentially affecting its dividend yield [1].

Investors should also consider the broader market conditions and other relevant factors when making investment decisions. For instance, the recent collaboration between GCT Semiconductor and Iridium to integrate Iridium NTN Direct service into GCT's advanced chipset may have implications for the company's long-term growth prospects [2].

In conclusion, while Iridium Communications Inc faces potential downward pressure due to the technical indicators, investors should remain vigilant and monitor the company's performance closely. The upcoming quarterly dividend payment and the broader market conditions will also play a crucial role in determining the stock's future trajectory.

References:
[1] https://www.nasdaq.com/articles/ex-dividend-reminder-iridium-communications-motorola-solutions-and-schneider-national
[2] https://cyprusshippingnews.com/2025/06/10/gct-semiconductor-and-iridium-sign-mou-to-collaborate-on-integrating-iridium-ntn-direct%E2%84%A0-service-into-gct-chipset/
[4] https://seekingalpha.com/article/4793640-the-infrastructure-that-lets-the-future-happen

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