The Greedy Trader Weekly Analysis
Sign In Feb 5, 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
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 1/29/2016
Sign In to see current Signals.
QUALCOMM Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaTrend support at 45.72
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARWilliams' Percentage Range is oversoldMACD bullish divergenceBullish Harami CandlestickThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the first negative week for the QUALCOMM Inc. (QCOM). During the week, the QCOM dropped -2.73 points, or -5.68%, and closed at 45.34 on Friday, January 29, 2016. Weekly volume was 26% above 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 43.47 on January 28, 2016. QCOM lost 38.50 points, or 46.97%, in 79 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend support (45.72) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See QCOM medium-term trend chart]
A medium-term downtrend had started on March 10, 2015 at 74.09 and reached 43.47 on January 28, 2016. QCOM lost 30.62 points, or 41.33%, in 46 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 43.46 and resistance is at 52.59. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since November 13, 2015. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 December 2, 2015 at 53.44 and reached 43.47 on January 28, 2016. QCOM lost 9.97 points, or 18.66%, in 57 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 43.47 and resistance is at 46.99. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.

Daily Technical Indicators: [See QCOM daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

Candlestick pattern: [See QCOM candlestick chart pattern]
On Friday the chart has formed a Bullish Harami Candlestick pattern. A Bullish Harami indicates that the bearish trend may be reversing, it signals that it's a good time to enter into a long position. Use the Technical Stock Screener to see the list of stocks that had a Bullish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.25
Williams' Percentage Range (W%R) 93.80
Strong Oversold
Lane's Stochastic (%D-Slow) 55.95
Greed/Fear Indicator (GFI) 36.79
Moving Average Converg./Diverg. (MACD) -0.79 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.40
Williams' Percentage Range (W%R) 97.50
Strong Oversold
Lane's Stochastic (%D-Slow) 20.99
Greed/Fear Indicator (GFI) 20.31
Moving Average Converg./Diverg. (MACD) -3.91
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 52.59
Upper Bollinger Band 50.37
Monthly Trendline Resistance 48.70
Parabolic System 48.47
50 Day Moving Average 48.44
20 Day Moving Average 47.09
Weekly Trendline Resistance 46.99
Daily Stochastic Crossing 46.16
Yearly Trendline Support 45.72
Weekly Stochastic Crossing 45.44
Price 45.34
Lower Bollinger Band 43.92
Weekly Trendline Support 43.47
Quarterly Trendline Support 43.46
Monthly Trendline Support 42.55
Sector and Industry
Description Name Rank
Sector Technology 6
Industry Communication Equipment 116
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 51.25
High Date 12/30/2015
Low 43.47
Low Date 01/28/2016
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 46.99
Support 43.47
High 53.44
High Date 12/02/2015
Low 43.47
Low Date 01/28/2016
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 48.70
Support 42.55
High 71.90
High Date 04/13/2015
Low 43.47
Low Date 01/28/2016
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 52.59
Support 43.46
High 74.09
High Date 03/10/2015
Low 43.47
Low Date 01/28/2016
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Support
Resistance 62.87
Support 45.72
High 81.97
High Date 07/23/2014
Low 43.47
Low Date 01/28/2016
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.