Is Iridium Communications, Inc. technically bullish or bearish?
As of June 20, 2025, the market trend is mildly bearish, primarily driven by daily moving averages, despite some mixed signals from monthly indicators and a lack of momentum in the RSI.
As of 20 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish signal, while the monthly indicators show a mixed picture with the Bollinger Bands and Dow Theory also leaning mildly bearish. The MACD and KST on the weekly and monthly time frames are mildly bullish, but this is overshadowed by the overall bearish sentiment in the daily indicators. The RSI shows no significant signals, indicating a lack of momentum in either direction. Overall, the strength of the bearish stance is moderate, influenced by the daily moving averages and the monthly Dow Theory.
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