173.43 USD
-1.38 (-0.79%)
173.44 USD
+0.01 (+0.01%)
Taking everything into account, QCOM scores 6 out of 10 in our technical rating. Although QCOM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month QCOM has a been trading in the 165.50 - 183.44 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
QCOM has an average volume of 10511300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, QCOM turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
QCOM is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, QCOM did better than 54% of them.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, QCOM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 173.01, a Stop Loss order could be placed below this zone.
More info and screens
146.07
189.57
6 important support areas can be observed.
- A support zone ranging from 171.07 to 173.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 165.20 to 165.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @160.15 from a horizontal line in the daily time frame.
- Support @157.28 from a horizontal line in the daily time frame.
- A support zone ranging from 153.58 to 154.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @147.55 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 174.91 to 176.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @180.91 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 187.68 to 187.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 QCOM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QCOM is neutral. |
| ChartMill Relative Strength | 62.68 | NEUTRAL | QCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QCOM is below 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) | UP | POSITIVE | The current price of QCOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.26 | NEUTRAL | The RSI value for QCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests QCOM has a negative trend. |
| Stochastics (14,3) | 20.08 | NEUTRAL | The Stochastics value for QCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for QCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for QCOM suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 176.61 | 172.04 | 4.57 (2.59%) | 25.00% |
| An entry @176.61. This is a Buy Stop order right above the resistance zone. | An exit @172.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.57 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of QCOM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
173.43
-1.38 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.79%
1 Week-1.04%
2 Weeks-2.73%
1 Month3.18%
3 Month2.51%
6 Month6.92%
12 Month9.88%
2 Year19.91%
3 Year57.75%
5 Year13.84%
10 Year246.93%
15 Year250.43%
Volatility
ATR(14)3.85
ATR(20)%2.08%
ATR Inc-54.86%
Range Today2.4
ADR(20)3.51
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.68
3 months CRS70.73
6 months CRS64
Mansfield-0.22
10 Day High180.31
10 Day Low172.05
20 Day High183.44
20 Day Low165.5
52 Week High205.95
52 Week Low120.8
CS1 End173.01
CR1 Start174.91
Volume & EV
DER(3)-0.96%
DER(5)-0.33%
Volume3.98M
Volume Incr-57.48%
Vol(5)3.84M
Vol(50)10.51M
QUALCOMM INC / QCOM FAQ
What is the technical rating for QCOM stock?
ChartMill assigns a technical rating of 6 / 10 to QCOM.
What is the current trend direction of QUALCOMM INC (QCOM) stock?
The current trend direction for QUALCOMM INC (QCOM) is Bullish.
What is the RSI signal for QCOM stock?
QUALCOMM INC (QCOM) has an RSI value of 49.2612. This indicates that the stock is currently neutral.
What is the MACD signal for QUALCOMM INC (QCOM) stock?
The MACD indicator for QUALCOMM INC (QCOM) has a value of -0.422158, indicating a bearish trend.