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Archive - 6/20/2025 - 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 -3.40 points, or -2.20%, and closed at 151.32 on Friday, June 20, 2025. Weekly volume was 10% above average. QCOM 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 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 116.79 and resistance is at 257.84. 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 uptrend had started on April 7, 2025 at 120.80 and reached 162.14 on June 11, 2025. QCOM gained -41.34 points, or -34.22%, in 9 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (154.37) 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 QCOM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 30, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See QCOM short-term trend chart] A short-term uptrend had started on May 23, 2025 at 141.77 and reached 162.14 on June 11, 2025. QCOM gained -20.37 points, or -14.37%, in 19 days. The chart has formed a Broadening Ascending Wedge chart pattern.
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. 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. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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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