QCI Technical Analysis - QUALCOMM INC

Technical Rating and Analysis

Overall QCI gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, QCI is a bad performer.

When comparing the yearly performance of all stocks, QCI is a bad performer in the overall market: 72% of all stocks are doing better.

Warning: QCI has an average volume of 2884 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

In the last month QCI has a been trading in the 132.80 - 144.30 range, which is quite wide. It is currently trading near the high of this range.

QCI is part of the Semiconductors & Semiconductor Equipment industry. There are 57 other stocks in this industry, QCI did better than 48% of them.

QCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QCI is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although QCI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

123.68

145.97

We found 4 important support areas.

A support zone ranging from 143.25 to 143.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 134.57 to 138.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @132.12 from a horizontal line in the daily time frame.
A support zone ranging from 124.93 to 129.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for QCI.DE is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for QCI.DE is up.
ChartMill Relative Strength	28.74	NEGATIVE	QCI.DE has a low relative strength, it was outperformed by 71.26% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of QCI.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of QCI.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of QCI.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)	67.3	NEUTRAL	The RSI value for QCI.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.67	POSITIVE	The MACD value suggests QCI.DE has a positive trend.
Stochastics (14,3)	88.56	OVERBOUGHT	The high Stochastics value suggests QCI.DE may be overbought.
Average True Range in percent/ATR (20)	1.78	LOW VOLATILITY	The low ATR as a percentage value for QCI.DE suggests low volalility.
Average Directional Index/ADX (14)	14.15	NEGATIVE	The low ADX value for QCI.DE suggests a weak or negative trend.