NASDAQ:QCOM - Nasdaq - US7475251036 - Common Stock - Currency: USD
Taking everything into account, QCOM scores 4 out of 10 in our technical rating. In the past year, QCOM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
128.96
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 18.44 | NEGATIVE | QCOM has a low relative strength, it was outperformed by 81.56% off all stocks 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) | 65.78 | NEUTRAL | The RSI value for QCOM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests QCOM has a positive trend. |
Stochastics (14,3) | 81.62 | OVERBOUGHT | The high Stochastics value suggests QCOM may be overbought. |
Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for QCOM suggests some volalility. |
Average Directional Index/ADX (14) | 11.61 | NEGATIVE | The low ADX value for QCOM suggests a weak or negative trend. |
159.13
+3.72 (+2.39%)