The Greedy Trader Weekly Analysis
Sign In May 17, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 5/10/2019
Sign In to see current Signals.
QUALCOMM Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal line
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the QUALCOMM Inc. (QCOM). During the week, the QCOM dropped -3.45 points, or -3.86%, and closed at 85.84 on Friday, May 10, 2019. It was the worst weekly loss since January 25, 2019. Weekly volume was 10% above average.

Long-term trend: [See QCOM long-term trend chart]
A long-term uptrend had started on April 26, 2018 at 48.56 and reached 90.34 on May 2, 2019. QCOM gained -41.78 points, or -86.04%, in 53 weeks. The price is now at the 10.77% retracement level.

Medium-term trend: [See QCOM medium-term trend chart]
A medium-term uptrend had started on January 31, 2019 at 49.10 and reached 90.34 on May 2, 2019. QCOM gained -41.24 points, or -83.99%, in 13 weeks. The price is now at the 10.91% retracement level.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 15, 2019. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 2, 2019 at 90.34 and reached 82.26 on May 9, 2019. QCOM lost 8.08 points, or 8.94%, in 7 days. The price is now at the 44.31% retracement level.

Daily Technical Indicators: [See QCOM daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

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

The distance between the Bollinger Bands is 185.22% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.37
Williams' Percentage Range (W%R) 20.30
Lane's Stochastic (%D-Slow) 30.42
Greed/Fear Indicator (GFI) 56.49
Moving Average Converg./Diverg. (MACD) 6.99
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 88.92
Overbought
Williams' Percentage Range (W%R) 16.90
Overbought
Lane's Stochastic (%D-Slow) 89.47
Overbought
Greed/Fear Indicator (GFI) 82.97
Overbought
Moving Average Converg./Diverg. (MACD) 0.78
Trading Signals
Description Value Chart
Upper Bollinger Band 98.56
Weekly Stochastic Crossing 87.21
Price 85.84
Daily Stochastic Crossing 84.00
Parabolic System 83.77
20 Day Moving Average 81.73
50 Day Moving Average 66.46
Lower Bollinger Band 61.88
Sector and Industry
Description Name Rank
Sector Technology 4
Industry Communication Equipment 124
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 82.26
Low Date 05/09/2019
High 86.32
High Date 05/10/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 90.34
High Date 05/02/2019
Low 82.26
Low Date 05/09/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.10
Low Date 01/31/2019
High 90.34
High Date 05/02/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.56
Low Date 04/26/2018
High 90.34
High Date 05/02/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.24
Low Date 02/11/2016
High 90.34
High Date 05/02/2019
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© 2004-2018 All rights reserved.