172.98 USD
+1.93 (+1.13%)
172.65 USD
-0.33 (-0.19%)
Taking everything into account, QCOM scores 5 out of 10 in our technical rating. In the last year, QCOM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month QCOM has a been trading in the 171.01 - 183.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
QCOM has an average volume of 10420200 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 63% of them, which is more or less in line with the market.
QCOM is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, QCOM did better than 49% 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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
146.07
189.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 165.20 to 166.47. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 173.01 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 | 63.11 | NEUTRAL | QCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QCOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of QCOM is below 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) | 48.81 | NEUTRAL | The RSI value for QCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests QCOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.22 | OVERSOLD | The low Stochastics value suggests QCOM may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for QCOM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.12 | 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)
172.98
+1.93 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.13%
1 Week-1.02%
2 Weeks0.37%
1 Month-1.19%
3 Month2.25%
6 Month6.64%
12 Month9.6%
2 Year16.48%
3 Year29.86%
5 Year10.69%
10 Year281.52%
15 Year219.56%
Volatility
ATR(14)3.22
ATR(20)%1.96%
ATR Inc-12.15%
Range Today2.48
ADR(20)3.23
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.11
3 months CRS70.38
6 months CRS64.06
Mansfield-0.18
10 Day High178.32
10 Day Low171.01
20 Day High183.44
20 Day Low171.01
52 Week High205.95
52 Week Low120.8
CS1 End166.47
CR1 Start173.01
Volume & EV
DER(3)-1.56%
DER(5)-1.54%
Volume6.53M
Volume Incr-48.15%
Vol(5)4.21M
Vol(50)10.42M
QUALCOMM INC / QCOM 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 Bullish.
What is the RSI signal for QCOM stock?
QUALCOMM INC (QCOM) has an RSI value of 48.8114. This indicates that the stock is currently neutral.
What is the MACD signal for QCOM stock?
The MACD indicator for QUALCOMM INC (QCOM) has a value of -0.591724, indicating a bearish trend.
What is the support and resistance level for QCOM stock?
QUALCOMM INC (QCOM) has a support level at 166.47 and a resistance level at 173.01. Check the full technical report for our detailed analysis of QCOM support and resistance levels.