The Greedy Trader Weekly Analysis
Sign In Apr 29, 2016
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 4/22/2016
Sign In to see current Signals.
QUALCOMM Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overbought
Daily :The price touches the upper Bollinger BandThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was a second consecutive positive week for the QUALCOMM Inc. (QCOM). During the week, the QCOM gained 1.58 points, or 3.09%, and closed at 52.64 on Friday, April 22, 2016. It was the best weekly gain since February 26, 2016. Weekly volume was -9% below average.

Long-term trend: [See QCOM long-term trend chart]
A long-term downtrend had started on July 23, 2014 at 81.97 and reached 42.24 on February 11, 2016. QCOM lost 39.73 points, or 48.47%, in 81 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 39.59 and resistance is at 58.33. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.

Medium-term trend: [See QCOM medium-term trend chart]
A medium-term uptrend had started on February 11, 2016 at 42.24 and reached 53.52 on March 7, 2016. QCOM gained -11.28 points, or -26.70%, in 3 weeks. The price is now at the 7.80% retracement level.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 12, 2016. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See QCOM short-term trend chart]
A short-term uptrend had started on April 21, 2016 at 50.74 and reached 53.09 on April 22, 2016. QCOM gained -2.35 points, or -4.63%, in 1 days. The price is now at the 19.15% retracement level.

Daily Technical Indicators: [See QCOM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 13, 2016. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price touches the upper Bollinger Band. The distance between the Bollinger Bands is falling, and it was 5.32% on Friday. It is 56.75% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.72
Williams' Percentage Range (W%R) 40.30
Lane's Stochastic (%D-Slow) 74.47
Greed/Fear Indicator (GFI) 65.95
Moving Average Converg./Diverg. (MACD) 0.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.80
Williams' Percentage Range (W%R) 16.00
Overbought
Lane's Stochastic (%D-Slow) 77.62
Greed/Fear Indicator (GFI) 72.48
Moving Average Converg./Diverg. (MACD) -2.15
Trading Signals
Description Value Chart
Yearly Trendline Resistance 58.33
Upper Bollinger Band 52.77
Price 52.64
Weekly Stochastic Crossing 52.61
Daily Stochastic Crossing 52.53
20 Day Moving Average 51.11
50 Day Moving Average 50.93
Parabolic System 50.69
Lower Bollinger Band 49.99
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Communication Equipment 86
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 50.74
Low Date 04/21/2016
High 53.09
High Date 04/22/2016
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 50.74
Low Date 04/21/2016
High 53.09
High Date 04/22/2016
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.67
Low Date 03/29/2016
High 53.09
High Date 04/22/2016
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.24
Low Date 02/11/2016
High 53.52
High Date 03/07/2016
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 58.33
Support 39.59
High 81.97
High Date 07/23/2014
Low 42.24
Low Date 02/11/2016
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2013 All rights reserved. Delta Software Technologies, Inc.