|
Downtrend Broken Resist.Archive - 6/20/2025 - Sign In to see current Signals. |
Qorvo (QRVO) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Qorvo (QRVO). During the week, the QRVO climbed 0.49 points, or 0.62%, and closed at 79.91 on Friday, June 20, 2025. Weekly volume was 8% above average. QRVO is a member of Information Technology Sector. Information Technology is the 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 QRVO long-term trend chart] A long-term downtrend had started on July 16, 2024 at 130.99 and reached 49.46 on April 8, 2025. QRVO lost 81.53 points, or 62.24%, in 38 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (40.26) is broken. A broken support is considered to be a long-term bullish signal. 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 long-term trend.
Medium-term trend: [See QRVO medium-term trend chart] A medium-term uptrend had started on April 8, 2025 at 49.46 and reached 83.89 on June 11, 2025. QRVO gained -34.43 points, or -69.61%, in 9 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (86.24) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
Weekly Technical Indicators: [See QRVO weekly technical indicators chart] Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. 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 above its signal line since May 2, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See QRVO short-term trend chart] A short-term downtrend had started on June 11, 2025 at 83.89 and reached 78.32 on June 20, 2025. QRVO lost 5.57 points, or 6.64%, in 9 days. The price is now at the 28.55% retracement level.
Daily Technical Indicators: [See QRVO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since June 12, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. 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.
| |
|
|