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Archive - 4/4/2025 - 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 -24.60 points, or -16.17%, and closed at 127.50 on Friday, April 4, 2025. Weekly volume was 30% above 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 price is near the trend support (115.03) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 126.70 on April 4, 2025. QCOM lost 50.30 points, or 28.42%, in 8 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (140.40) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 QCOM weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 126.70 on April 4, 2025. QCOM lost 34.80 points, or 21.55%, in 10 days. Price is near the trend low.
Daily Technical Indicators: [See QCOM daily technical indicators chart] Daily Relative Strength Index is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index. Use the following link to access Relative Strength Index help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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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