QUALCOMM INC (QCOM) Stock Technical Analysis
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.
82% of all other stocks performed better in the past year than QCOM.
QCOM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 65% of 110 stocks in the same industry do better.
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 141.77 - 159.51 range, which is quite wide. It is currently trading near the high of this range.
QCOM has an average volume of 9478580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 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
128.96
177.63
We found 3 important support areas.
- A support zone ranging from 149.19 to 150.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 145.03 to 145.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.26 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 170.92 to 175.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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. |
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)
159.13
+3.72 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.39%
1 Week6.84%
2 Weeks7.06%
1 Month4.61%
3 Month1.63%
6 Month0.38%
12 Month-26.1%
2 Year33.68%
3 Year24.57%
5 Year74.47%
10 Year154.08%
15 Year384.56%
Volatility
ATR(14)4.04
ATR(20)%2.27%
ATR Inc55.61%
Range Today4.44
ADR(20)3.34
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-0.79
10 Day High159.51
10 Day Low143.48
20 Day High159.51
20 Day Low141.77
52 Week High230.63
52 Week Low120.8
CS1 End150.34
CR1 Start170.92
Volume & EV
DER(3)1.47%
DER(5)1.19%
Volume9.06M
Volume Incr-6.87%
Vol(5)7.63M
Vol(50)9.48M