QORVO INC (QRVO) Stock Technical Analysis
NASDAQ:QRVO - Nasdaq - US74736K1016 - Common Stock - Currency: USD
Taking everything into account, QRVO scores 6 out of 10 in our technical rating. In the last year, QRVO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, QRVO is a bad performer in the overall market: 73% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month QRVO has a been trading in the 60.92 - 80.10 range, which is quite wide. It is currently trading near the high of this range.
QRVO has an average volume of 2579840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
QRVO is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, QRVO did better than 64% of them.
QRVO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QRVO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
QRVO has an average technical rating and also the quality of the setup is 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
70.55
80.44
We found 1 important support area.
- A support zone ranging from 71.26 to 71.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 78.89 to 79.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.89
Mansfield-1.52
10 Day High80.1
10 Day Low71.64
20 Day High80.1
20 Day Low60.92
52 Week High130.99
52 Week Low49.46
Performance
1 Week-3.69%
2 Weeks7.31%
1 Month27.71%
3 Month0.58%
6 Month10.48%
12 Month-22.16%
2 Year-21.33%
3 Year-31.53%
5 Year-26.95%
10 Year-6.87%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.54
RSI(14)60.26
LBB68.24
UBB82.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 79.65 | 71.63 | 8.02 (10.07%) | 9.93% |
| An entry @79.65. This is a Buy Stop order right above the resistance zone. | An exit @71.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.02 points, which is 10.07%. | For a 1.00% total portfolio risk, you can invest 9.93% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
76.51
-2.41 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.05%
1 Week-3.69%
2 Weeks7.31%
1 Month27.71%
3 Month0.58%
6 Month10.48%
12 Month-22.16%
2 Year-21.33%
3 Year-31.53%
5 Year-26.95%
10 Year-6.87%
15 YearN/A
Volatility
ATR(14)2.38
ATR(20)%3.58%
ATR Inc-27.85%
Range Today2.71
ADR(20)2.16
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.89
Mansfield-1.52
10 Day High80.1
10 Day Low71.64
20 Day High80.1
20 Day Low60.92
52 Week High130.99
52 Week Low49.46
CS1 End71.36
CR1 Start78.89
Volume & EV
DER(3)0.49%
DER(5)1.67%
Volume1.61M
Volume Incr-42.35%
Vol(5)1.38M
Vol(50)2.58M