INTERDIGITAL INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
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Type:	Stocks
Ticker:	IDCC
ISIN:

INTERDIGITAL INC. - Daily - Technical analysis published on 12/06/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Bearish

De fond: Slightly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 58.41 USD

My targets

52.37 USD (-5.88%)

48.24 USD (-13.30%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade INTERDIGITAL INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 58.41 USD. The next bearish objective for sellers is set at 52.37 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 48.24 USD. In case of crossing, the next objective would be the support located at 36.87 USD. In the event of a bullish break in the resistance located at 58.41 USD a certain indecision would take hold.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

FORCE

3.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The INTERDIGITAL INC. rating is 55.64 USD. The price is lower by -1.07% since the last closing and was traded between 55.48 USD and 56.45 USD over the period. The price is currently at +0.29% from its lowest and -1.43% from its highest.

55.48

56.45

55.64

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this INTERDIGITAL INC. chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	48.24	52.37	55.59	55.64	58.41	60.47	62.57
Change (%)	-13.30%	-5.88%	-0.09%	-	+4.98%	+8.68%	+12.46%
Change	-7.40	-3.27	-0.05	-	+2.77	+4.83	+6.93
Level	Major	Major	Major	-	Intermediate	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.03	51.83	54.04	55.84	58.05	59.85	62.06
Camarilla	55.14	55.51	55.87	56.24	56.61	56.98	57.34
Woodie	50.23	51.93	54.24	55.94	58.25	59.95	62.26
Fibonacci	51.83	53.37	54.31	55.84	57.38	58.32	59.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.86	54.42	55.61	57.17	58.36	59.92	61.11
Camarilla	56.04	56.30	56.55	56.80	57.05	57.30	57.56
Woodie	52.68	54.33	55.43	57.08	58.18	59.83	60.93
Fibonacci	54.42	55.47	56.12	57.17	58.22	58.87	59.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.83	51.03	53.92	57.12	60.01	63.21	66.10
Camarilla	55.13	55.68	56.24	56.80	57.36	57.92	58.48
Woodie	47.67	50.95	53.76	57.04	59.85	63.13	65.94
Fibonacci	51.03	53.36	54.80	57.12	59.45	60.89	63.21

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.38
MACD (12,26,9):	0.0800
Directional Movement:	-1.26
AROON (14):	-71.43
DEMA (21):	57.05
Parabolic SAR (0,02-0,02-0,2):	58.38
Elder Ray (13):	-0.73
Super Trend (3,10):	53.46
Zig ZAG (10):	55.64
VORTEX (21):	0.8600
Stochastique (14,3,5):	39.90
TEMA (21):	56.45
Williams %R (14):	-61.32
Chande Momentum Oscillator (20):	-2.54
Repulse (5,40,3):	-0.2100
ROCnROLL:	2
TRIX (15,9):	0.1300
Courbe Coppock:	3.81

MA7:	56.42
MA20:	57.22
MA50:	55.31
MA100:	55.04
MAexp7:	56.37
MAexp20:	56.71
MAexp50:	56.07
MAexp100:	56.87
Price / MA7:	-1.38%
Price / MA20:	-2.76%
Price / MA50:	+0.60%
Price / MA100:	+1.09%
Price / MAexp7:	-1.30%
Price / MAexp20:	-1.89%
Price / MAexp50:	-0.77%
Price / MAexp100:	-2.16%

News

Don"t forget to follow the news on INTERDIGITAL INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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