QUALCOMM INC (QCOM) Technical Analysis
NASDAQ:QCOM • US7475251036
Current stock price
126.8 USD
-0.48 (-0.38%)
At close:
126.85 USD
+0.05 (+0.04%)
After Hours:
QCOM Technical Rating and Analysis
Overall QCOM gets a technical rating of 0 out of 10. QCOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, QCOM is a bad performer in the overall market: 83% of all stocks are doing better.
- QCOM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 85% are performing better than QCOM.
- QCOM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QCOM is lagging the market.
- In the last month QCOM has a been trading in the 124.01 - 138.58 range, which is quite wide. It is currently trading near the lows of this range.
- QCOM has an average volume of 11793100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QCOM Weekly and Daily overview Charts
QCOM Setup Rating and Analysis
QCOM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
QCOM Support and Resistance Analysis
125.52
189.56
When analyzing the support we notice one important area.
- Support @126.79 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 130.55 to 130.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 139.11 to 142.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @170.38 from a trend line in the weekly time frame.
- Resistance @175.91 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 | DOWN | NEGATIVE | The long term trend for QCOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QCOM is down. |
| ChartMill Relative Strength | 17.8 | NEGATIVE | QCOM has a low relative strength, it was outperformed by 82.2% off all stocks 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) | DOWN | NEGATIVE | The current price of QCOM is below a declining 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) | 33.95 | NEUTRAL | The RSI value for QCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests QCOM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.31 | NEUTRAL | The Stochastics value for QCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for QCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for QCOM suggests a strong 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
126.8
-0.48 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.38%
1 Week-2.87%
2 Weeks-3.41%
1 Month-7.45%
3 Month-26.7%
6 Month-25.05%
12 Month-0.52%
2 Year-23.55%
3 Year8.56%
5 Year-8.65%
10 Year150.99%
15 Year122.11%
Volatility
ATR(14)3.5
ATR(20)%3.06%
ATR Inc-10.42%
Range Today2.99
ADR(20)3.62
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.8
3 months CRS13.33
6 months CRS20.64
Mansfield-2
10 Day High133.97
10 Day Low124.01
20 Day High138.58
20 Day Low124.01
52 Week High205.95
52 Week Low120.8
CS1 End126.79
CR1 Start130.55
Volume & EV
DER(3)-0.92%
DER(5)-0.92%
Volume8.58M
Volume Incr-21.99%
Vol(5)10.31M
Vol(50)11.79M
QUALCOMM INC / QCOM TA FAQ
What is the technical rating for QCOM stock?
ChartMill assigns a technical rating of 0 / 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 33.9499. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for QUALCOMM INC?
The buy/sell signal for QUALCOMM INC (QCOM) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for QUALCOMM INC (QCOM) stock?
QUALCOMM INC (QCOM) has a support level at 126.79 and a resistance level at 130.55. Check the full technical report for our detailed analysis of QCOM support and resistance levels.