TMCnet News
Downtrend Call Working As Iridiummmunications Stock Falls 26.9% (IRDM)Dec 19, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Iridiummmunications (NASDAQ:IRDM) on August 2nd, 2012 at $7.99. In approximately 5 months, Iridiummmunications has returned 26.91% as of today's recent price of $5.84. In the past 52 weeks, shares of Iridiummmunications have traded between a low of $5.25 and a high of $9.73 and are now at $5.84, which is 11% above that low price. The 200-day and 50-day moving averages have moved 0.35% lower and 1.49% lower over the past week, respectively. Iridium Communications, Inc. offers mobile satellite communications services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Iridiummmunications. Log in and add Iridiummmunications (IRDM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |