QUALCOMM INC (QCOM) Technical Analysis
NASDAQ:QCOM • US7475251036
Current stock price
150.26 USD
+1.41 (+0.95%)
At close:
150.717 USD
+0.46 (+0.3%)
After Hours:
QCOM Technical Rating and Analysis
Taking everything into account, QCOM scores 5 out of 10 in our technical rating. QCOM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- QCOM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 83% are performing better than QCOM.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month QCOM has a been trading in the 121.99 - 161.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- QCOM has an average volume of 12093500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, QCOM outperforms 46% of them, which is more or less in line with the market.
- QCOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QCOM is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
QCOM Weekly and Daily overview Charts
QCOM Setup Rating and Analysis
QCOM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
QCOM Support and Resistance Analysis
126.19
189.56
2 important support areas can be observed.
- A support zone ranging from 132.65 to 134.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @127.46 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 150.27 to 150.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @168.47 from a trend line in the weekly time frame.
- Resistance @174.17 from a trend line in the daily time frame.
- Resistance @187.68 from a horizontal line in the daily time frame.
QCOM 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 | NEUTRAL | NEUTRAL | The long term trend for QCOM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QCOM is up. |
| ChartMill Relative Strength | 46.02 | NEUTRAL | QCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QCOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QCOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QCOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.34 | OVERBOUGHT | The high RSI value suggests QCOM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.33 | POSITIVE | The MACD value suggests QCOM has a positive trend. |
| Stochastics (14,3) | 77.66 | NEUTRAL | The Stochastics value for QCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for QCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.85 | NEUTRAL | The ADX value for QCOM suggests a possible start of a new trend. |
QCOM Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
QCOM Technicals: Chart, Performance Metrics, Trend & Indicators
150.26
+1.41 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.95%
1 Week9.26%
2 Weeks14.49%
1 Month18.21%
3 Month-0.88%
6 Month-16.94%
12 Month7.47%
2 Year-9.4%
3 Year28.65%
5 Year8.26%
10 Year197.43%
15 Year163.2%
Volatility
ATR(14)4.91
ATR(20)%2.95%
ATR Inc393.96%
Range Today13.95
ADR(20)3.83
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.02
3 months CRS41.16
6 months CRS21.64
Mansfield-1.14
10 Day High161
10 Day Low131.05
20 Day High161
20 Day Low121.99
52 Week High205.95
52 Week Low121.99
CS1 End134.8
CR1 Start150.27
Volume & EV
DER(3)-2.3%
DER(5)-1.72%
Volume41.60M
Volume Incr117.03%
Vol(5)20.49M
Vol(50)12.09M
QUALCOMM INC / QCOM TA FAQ
What is the technical rating for QCOM stock?
ChartMill assigns a technical rating of 5 / 10 to QCOM.
What is the trend direction for QCOM stock?
The current trend direction for QUALCOMM INC (QCOM) is Bearish.
What is the RSI signal for QUALCOMM INC (QCOM) stock?
QUALCOMM INC (QCOM) has an RSI value of 74.3397. This indicates that the stock is currently overbought.
Can you provide the support and resistance levels for QUALCOMM INC?
QUALCOMM INC (QCOM) has a support level at 134.8 and a resistance level at 150.27. Check the full technical report for our detailed analysis of QCOM support and resistance levels.