IQE share price: keep an eye on this trigger level
This UK company has had an incredible 2026 so far but has wobbled in the past month. Independent analyst Alistair Strang has a look at share price potentials.
3rd November 2026 07:39
by Alistair Strang from Trends and Targets
By many standards, a read through of IQE (LSE:IQE)’s “About Us” strongly suggests you’re swatting up on a company whose time has come. Established in 1988, they’re now involved at the cutting edge of many areas, whether it’s communication, vehicle navigation, electrification, or in the fields of AI and data centres. To be generous, their website people have not entirely fallen into the well of gibberish terminology, despite a plethora of opportunity.
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We’ve received a few emails, asking our thoughts on this share, suggesting there may be some gossip and expectation doing the rounds in the real world. Hopefully, any optimism is based on facts as the share price isn’t exactly residing in a happy place at present.
There has been a superb uptrend this year, since the days when the share price languished around 4.75p and experienced a cracking ride up to the 72p level. Unfortunately, as part of such a journey, our software demanded the share price close a session above 66p, an ambition which remains sadly lacking.
Currently, we’re not exactly oozing optimism due to the share price closing a session below the immediate red uptrend for 2026. We’ve painted a little circle around the problem on the chart below, one which implies IQE's share price needs to close above 34p to signal the need to rush out and buy a party popper, or two! With the price presently trading at just 32.65p, very little work is required to give some hope for the future.
Our negative IQE view
Now below 32.5p risks triggering reversal down to an initial 30.9p with our longer-,term secondary, if broken, calculating down at 21.3p and a probable bounce level. The visuals certainly tick the boxes for such a scenario but we’re curious as to what has piqued our correspondent's interest. Sometimes punters know a thing or two.
Our positive IQE view
At present, our elastic measuring tape suggests the hope of movement above 38p triggering gains to an initial 50.5p. This does make some sense, as does our secondary if such an ambition is exceeded, which works out at 66p. For the long term, closure above 66p remains absolutely critical, taking the share price into a zone where a big picture cycle to a future 94p should allegedly commence.
And in summary?
Our conclusion is a little vague but one of the people who got in touch has a reasonable track record. As a result, we’re inclined to take her optimism seriously but would still suggest playing safe and keeping an eye on our 38p trigger level.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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