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Archive - 4/17/2025 - Sign In to see current Signals. |
QUALCOMM Inc. (QCOM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the QUALCOMM Inc. (QCOM). During the week, the QCOM dropped -2.64 points, or -1.90%, and closed at 136.66 on Thursday, April 17, 2025. Weekly volume was -12% below average. QCOM is a member of Information Technology Sector. Information Technology is the most oversold 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 230.63 on June 18, 2024. QCOM gained -188.39 points, or -446.00%, in 435 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 115.34 and resistance is at 270.44. 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 downtrend had started on February 5, 2025 at 177.00 and reached 120.80 on April 7, 2025. QCOM lost 56.20 points, or 31.75%, in 8 weeks. The price is now at the 28.22% retracement level.
Weekly Technical Indicators: [See QCOM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 7, 2025. 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 March 25, 2025 at 161.50 and reached 120.80 on April 7, 2025. QCOM lost 40.70 points, or 25.20%, in 13 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See QCOM daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 31, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. The distance between the Bollinger Bands is 132.46% higher then one year average. It indicates the period of high 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.
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