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New 52 Week Closing Low appears for IRDM after 3.26% move

SwingTradeBot Nightly Stock Scan: Iridium Communications Inc (IRDM) — Technical Patterns & Alerts · Sep 12, 2025, 17:34 ET
On Friday, September 12th, IRDM moved down 3.26% while volume increased to 1.9× the usual levels. Multiple bearish signals emerged — New 52 Week Closing Low, Lower Bollinger Band Walk & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 17.49, 17.18 & 16.71, with resistance at 18.26, 18.73 & 19.04. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of IRDM: F

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Iridium Communications Inc (IRDM)