The Greedy Trader Weekly Analysis
Sign In Oct 24, 2014
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
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 10/17/2014
Sign In to see current Signals.
QUALCOMM Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversold
Daily :
Move cursor over the icon to see details.

It was a first positive week after 3 consecutive negative weeks for the QUALCOMM Inc. (QCOM). During the week, the QCOM gained 1.21 points, or 1.70%, and closed at 72.43 on Friday, October 17, 2014. It was the best weekly gain since August 22, 2014. Weekly volume was 22% above average.

Long-term trend: [See QCOM long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 28.16 and reached 81.97 on July 23, 2014. QCOM gained -53.81 points, or -191.09%, in 295 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 69.85 and resistance is at 81.41. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See QCOM medium-term trend chart]
A medium-term downtrend had started on July 23, 2014 at 81.97 and reached 69.36 on October 16, 2014. QCOM lost 12.61 points, or 15.38%, in 12 weeks. The chart has formed a Falling Wedge chart pattern. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since May 16, 2014. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See QCOM short-term trend chart]
A short-term downtrend had started on September 19, 2014 at 77.00 and reached 69.36 on October 16, 2014. QCOM lost 7.64 points, or 9.92%, in 27 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 69.15 and resistance is at 74.58. 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 short-term trend.

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

The daily MACD line is below its signal line since September 24, 2014. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.83
Williams' Percentage Range (W%R) 67.10
Lane's Stochastic (%D-Slow) 27.59
Greed/Fear Indicator (GFI) 33.76
Moving Average Converg./Diverg. (MACD) -0.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.65
Williams' Percentage Range (W%R) 81.20
Oversold
Lane's Stochastic (%D-Slow) 37.53
Greed/Fear Indicator (GFI) 33.76
Moving Average Converg./Diverg. (MACD) -0.07 Bullish
Trading Signals
Description Value Chart
Yearly Trendline Resistance 81.41
Upper Bollinger Band 76.91
Monthly Trendline Resistance 76.69
50 Day Moving Average 74.89
Weekly Trendline Resistance 74.58
20 Day Moving Average 73.81
Parabolic System 73.51
Price 72.43
Weekly Stochastic Crossing 72.32
Daily Stochastic Crossing 71.32
Monthly Trendline Support 70.15
Lower Bollinger Band 69.95
Yearly Trendline Support 69.85
Weekly Trendline Support 69.15
Sector and Industry
Description Name Rank
Sector Technology 4
Industry Communication Equipment 54
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 75.44
High Date 10/08/2014
Low 69.36
Low Date 10/16/2014
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 74.58
Support 69.15
High 77.00
High Date 09/19/2014
Low 69.36
Low Date 10/16/2014
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 76.69
Support 70.15
High 77.31
High Date 08/21/2014
Low 69.36
Low Date 10/16/2014
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status
Resistance
Support
High 81.97
High Date 07/23/2014
Low 69.36
Low Date 10/16/2014
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 81.41
Support 69.85
Low 28.16
Low Date 11/21/2008
High 81.97
High Date 07/23/2014
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.
The Financial Ad Trader