RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IRMD
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Stronger technical forecast for iRadimed Corporation stock price after Friday trading.
(Updated on Jul 12, 2024)

Buy or Hold candidate since Jun 21, 2024 Gain 5.73% PDF

The iRadimed Corporation stock price fell by -2.51% on the last day (Friday, 12th Jul 2024) from $46.53 to $45.36. During the last trading day the stock fluctuated 3.93% from a day low at $45.28 to a day high of $47.06. The price has been going up and down for this period, and there has been a 3.18% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -17 thousand shares and in total, 37 thousand shares were bought and sold for approximately $1.66 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.98% during the next 3 months and, with a 90% probability hold a price between $45.32 and $49.36 at the end of this 3-month period.

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IRMD Signals & Forecast

The iRadimed Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $44.53 and $43.30. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 11, 2024, and so far it has fallen -2.51%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Friday, June 21, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, June 21, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for iRadimed Corporation stock

iRadimed Corporation finds support from accumulated volume at $43.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.78 (3.93%) between high and low. For the last week, the stock has had daily average volatility of 3.21%.

Our recommended stop-loss: $43.61 (-3.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (IRMD) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect iRadimed Corporation to open at $45.90, and during the day (based on 14 day Average True Range), to move between $44.16 and $46.56, which gives a possible trading interval of +/-$1.20 (+/-2.65%) up or down from last closing price. If iRadimed Corporation takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $46.53 (2.58%) than the support at $43.94 (3.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is iRadimed Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for iRadimed Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.689 Buy Candidate Upgraded

Predicted Opening Price for iRadimed Corporation of Monday, July 15, 2024

Fair opening price July 15, 2024 Current price
$45.90 ( 1.19%) $45.36

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IRMD

Fibonacci Support & Resistance Levels

Level Price
R3 47.68 5.11%
R2 47.00 3.62%
R1 46.58 2.69%
Price 45.36
S1 45.22 -0.309%
S2 44.80 -1.23%
S3 44.12 -2.73%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 46.53 2.58%
Price 45.36
S1 43.94 -3.13%
S2 43.85 -3.33%
S3 42.65 -5.97%

IRMD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2024 May 17, 2024 May 30, 2024 $0.150 0.356%
2 Dec 12, 2023 Dec 21, 2023 Jan 12, 2024 $0.630 1.39%
3 Feb 06, 2023 Feb 10, 2023 Feb 21, 2023 $1.05 2.86%
4 Feb 07, 2022 Feb 16, 2022 Feb 24, 2022 $1.00 2.11%

FAQ

What is the symbol for iRadimed Corporation Stock and on which exchange is it traded?
The symbol for iRadimed Corporation is IRMD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell iRadimed Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for iRadimed Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy iRadimed Corporation Stock?
iRadimed Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iRadimed Corporation Stock.

What's the current price of iRadimed Corporation Stock?
As of the end of day on the Jul 12, 2024, the price of an iRadimed Corporation (IRMD) share was $45.36.

What is the 52-week high and low for iRadimed Corporation Stock?
The 52-week high for iRadimed Corporation Stock is $50.85 and the 52-week low is $36.12.

What is the market capitalization of iRadimed Corporation Stock?
As of the Jul 12, 2024, the market capitalization of iRadimed Corporation is 563.05M.

When is the next earnings date for iRadimed Corporation?
The upcoming earnings date for iRadimed Corporation is Aug 01, 2024.
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About iRadimed Corporation

iRadimed IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote dis... IRMD Profile

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