iRadimed Corporation Stock Forecast

Sell candidate since Apr 15, 2025

No changes to the price of iRadimed Corporation stock on the last trading day (Wednesday, 16th Apr 2025). During the last trading day the stock fluctuated 2.82% from a day low at $50.67 to a day high of $52.10. The price has fallen in 6 of the last 10 days and is down by -3.06% for this period.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.28% during the next 3 months and, with a 90% probability hold a price between $39.35 and $44.39 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

IRMD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 6.76%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The iRadimed Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $52.26. On a fall, the stock will find some support from the short-term average at $51.40. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". 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 $51.76 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $1.43 between high and low, or 2.82%. For the last week the stock has had daily average volatility of 5.19%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (IRMD) For The Upcoming Trading Day Of Thursday 17th

For the upcoming trading day on Thursday, 17th we expect iRadimed Corporation to open at $51.58, and during the day (based on 14 day Average True Range), to move between $49.82 and $54.10, which gives a possible trading interval of +/-$2.14 (+/-4.12%) up or down from last closing price. If iRadimed Corporation takes out the full calculated possible swing range there will be an estimated 8.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $51.76 (0.38%) than the resistance at $52.84 (1.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is iRadimed Corporation stock A Buy?

iRadimed Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.274 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 17, 2025 - $51.58 ( 0.738%).