QUALCOMM INC (QCOM) Stock Technical Analysis
NASDAQ:QCOM - US7475251036 - Common Stock
158.01 USD
+3.88 (+2.52%)
158.1 USD
+0.09 (+0.06%)
Taking everything into account, QCOM scores 2 out of 10 in our technical rating. QCOM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, QCOM is a bad performer in the overall market: 70% of all stocks are doing better.
QCOM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 63% of 110 stocks in the same industry do better.
QCOM has an average volume of 8037040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month QCOM has a been trading in the 144.11 - 163.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QCOM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
131.73
174.67
We found 3 important support areas.
- A support zone ranging from 153.38 to 155.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 145.20 to 148.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @133.06 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 158.80 to 162.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @172.94 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for QCOM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QCOM is neutral. |
| ChartMill Relative Strength | 30.37 | NEUTRAL | QCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of QCOM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QCOM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of QCOM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for QCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests QCOM has a positive trend. |
| Stochastics (14,3) | 74.86 | NEUTRAL | The Stochastics value for QCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for QCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | 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)
158.01
+3.88 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.52%
1 Week0.1%
2 Weeks7.08%
1 Month-0.25%
3 Month8.69%
6 Month-4.49%
12 Month-8.93%
2 Year37.96%
3 Year19.46%
5 Year32.67%
10 Year179.27%
15 Year312.56%
Volatility
ATR(14)3.42
ATR(20)%2.53%
ATR Inc21.88%
Range Today5.33
ADR(20)3.77
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.37
Mansfield-0.89
10 Day High159.89
10 Day Low147.71
20 Day High163.6
20 Day Low144.11
52 Week High182.1
52 Week Low120.8
CS1 End155.7
CR1 Start158.8
Volume & EV
DER(3)0.77%
DER(5)0.42%
Volume7.71M
Volume Incr-29.1%
Vol(5)6.21M
Vol(50)8.04M