QORVO INC (QRVO)
US74736K1016 - Common Stock
We assign a technical rating of 0 out of 10 to QRVO. QRVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, QRVO is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month QRVO has a been trading in the 94.34 - 119.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
QRVO has an average volume of 1272680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
QRVO is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 46% of 107 stocks in the same industry.
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.
The technical rating of QRVO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
88.97
121.42
We found 1 important support area.
- Support @89.87 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 109.29 to 110.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @120.22 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.29
Mansfield-1.58
10 Day High119.05
10 Day Low94.34
20 Day High119.05
20 Day Low94.34
52 Week High121.65
52 Week Low80.62
Performance
1 Week-17.82%
2 Weeks-8.51%
1 Month-16.63%
3 Month-7.38%
6 Month8.63%
12 Month3.27%
2 Year-14.14%
3 Year-47.49%
5 Year56.83%
10 YearN/A
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)-1.4
RSI(14)31.46
LBB95.85
UBB122.96
QORVO INC
NASDAQ:QRVO (5/3/2024, 7:14:39 PM)
After market: 95.95 0 (0%)95.95
+0.28 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.29%
1 Week-17.82%
2 Weeks-8.51%
1 Month-16.63%
3 Month-7.38%
6 Month8.63%
12 Month3.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.03
ATR(20)%4.01%
ATR Inc
Range Today1.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High119.05
10 Day Low94.34
20 Day High119.05
20 Day Low94.34
52 Week High121.65
52 Week Low80.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.42M
Volume Incr154.59%
Vol(5)2.73M
Vol(50)1.27M