Where it stands
On the Red List.
Decline measures 8.4 standard deviations of typical daily moves.
Snapshot . Price structure, not a judgment about the business.
What changed
Since the previous observation.
Watch → Red List.
Comparing with . This compares classification, not price returns.
See the recorded timeline →Why it is flagged
IRDM qualifies for the Red List on decline sigma.
Decline measures 8.4 standard deviations of typical daily moves. The most severe triggered rule determines the tier.
Inspect the three classification measures
Price history
The price path behind the snapshot.
Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.
The recorded history
A timeline of observations.
First observed 2026-06-09. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.
- Watch → Red List
- Unmatched; coverage or recovery unconfirmed → Watch
- Watch; recovery signal active → Unmatched; coverage or recovery unconfirmed
- Unmatched; coverage or recovery unconfirmed → Watch; recovery signal active
- Watch; recovery signal active → Unmatched; coverage or recovery unconfirmed
- Amber List → Watch; recovery signal active
- Amber List; recovery signal active → Amber List
- Amber List → Amber List; recovery signal active
- Amber List; recovery signal active → Amber List
- Watch; recovery signal active → Amber List; recovery signal active
- Amber List; recovery signal active → Watch; recovery signal active
- Watch; recovery signal active → Amber List; recovery signal active
Showing the latest 12 of 27 recorded events.
Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.
Technical interpretation and signal details
The structural read
What price action says about IRDM.
IRDM qualifies for the Red List on decline sigma — the recent drop measures 8.4σ over a 10-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 3 (red).
Earnings on file: 2026-02-12. Earnings dates don't affect tiering.
Questions about IRDM
What people ask.
Why is IRDM on Broken Stocks?
IRDM qualifies for the Red List on decline sigma. The recent drop measures 8.4σ over a 10-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (1.45%).
Is IRDM a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. IRDM is down -23.2% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is IRDM a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is IRDM trading inside its 52-week range?
At $43.76, IRDM sits 100.0% of the way from its 52-week low ($15.65) to its 52-week high ($33.34). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has IRDM been declining?
The current 23.2% decline accrued over 106d, which annualizes to roughly -79.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does IRDM compare to its sector?
There are 132 other Communication Services tickers on Broken Stocks: 98 Red, 24 Amber, 10 Watch, with 59 showing recovering structural signals. Median sector decline is -36.9% — IRDM's decline is shallower than the sector median.
Does IRDM's earnings date affect its tier?
No. Tiering uses decline depth and recency, bearish time-frame structure, and decline sigma. The earnings date on file (2026-02-12) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.