Sign In to see current Signals.
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.