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- 9/4/2026 -
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QUALCOMM Inc. (QCOM) Technical Analysis

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Summary:
Weekly :Overbought sectorStochastic signal line moved above oversold area
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtPrice is close to the 50 Day Moving AverageBroken trend resistance lineThe period of low volatility of the stock price
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It was a second consecutive positive week for the QUALCOMM Inc. (QCOM). During the week, the QCOM gained 4.55 points, or 2.77%, and closed at 168.74 on Friday, September 4, 2026. Weekly volume was -34% below average.

QCOM is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See QCOM long-term trend chart]
A long-term uptrend had started on February 11, 2016 at 42.24 and reached 259.92 on May 29, 2026. QCOM gained -217.68 points, or -515.34%, in 537 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 135.48 and resistance is at 283.51. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See QCOM medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 120.80 and reached 259.92 on May 29, 2026. QCOM gained -139.12 points, or -115.17%, in 59 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 122.49 and resistance is at 284.89. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly technical indicators are neutral. 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since July 10, 2026. 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 May 29, 2026 at 259.92 and reached 142.89 on August 3, 2026. QCOM lost 117.03 points, or 45.03%, in 66 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (111.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. QCOM may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See QCOM daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since August 5, 2026. The distance between MACD and the signal line is low, but getting bigger.

The distance between the Bollinger Bands is falling, and it was 7.92% on Friday. It is 59.62% 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.30
Williams' Percentage Range (W%R) 9.20
Strong Overbought
Lane's Stochastic (%D-Slow) 82.64
Overbought
Greed/Fear Indicator (GFI) 78.24
Moving Average Converg./Diverg. (MACD) -1.76
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.72
Williams' Percentage Range (W%R) 70.20
Lane's Stochastic (%D-Slow) 26.60
Greed/Fear Indicator (GFI) 34.09
Moving Average Converg./Diverg. (MACD) 3.92
Trading Signals
Description Value Chart
Upper Bollinger Band 172.35
50 Day Moving Average 169.31
Daily Stochastic Crossing 169.06
Price 168.74
20 Day Moving Average 164.02
Parabolic System 160.30
Lower Bollinger Band 158.98
Weekly Stochastic Crossing 156.72
Yearly Trendline Support 135.48
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Semiconductors 36
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 142.89
Low Date 08/03/2026
High 171.38
High Date 08/31/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 133.70
Support 111.76
High 259.92
High Date 05/29/2026
Low 142.89
Low Date 08/03/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 121.99
Low Date 04/07/2026
High 259.92
High Date 05/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 284.89
Support 122.49
Low 120.80
Low Date 04/07/2025
High 259.92
High Date 05/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 283.51
Support 135.48
Low 42.24
Low Date 02/11/2016
High 259.92
High Date 05/29/2026
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.