Chart pattern
IRDM chart pattern — Iridium Communications
2 formations detected on the latest close (Nov 06, 2026).
Falling Wedge · Daily candles
BullishForming
Last close$44.04
Trigger$45.19 (+2.6%)
Upper boundary$45.19
Lower boundary$40.96
Pattern spanSep 15, 2026 → 38 bars
Touches6
Fit score85/100
Price sliding lower inside two falling lines that are closing together — a decline losing its force. Trigger: A close above the falling upper boundary. Invalidation: A close below the lower boundary, which says the decline has reaccelerated rather than exhausted.
Falling Wedge · Weekly candles
BullishForming
Last close$44.04
Trigger$47.71 (+8.3%)
Upper boundary$47.71
Lower boundary$41.08
Pattern spanJul 10, 2026 → 17 bars
Touches6
Fit score81/100
Price sliding lower inside two falling lines that are closing together — a decline losing its force. Trigger: A close above the falling upper boundary. Invalidation: A close below the lower boundary, which says the decline has reaccelerated rather than exhausted.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.