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Archive - 10/16/2026 - 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 -3.39 points, or -1.93%, and closed at 172.11 on Friday, October 16, 2026. Weekly volume was -23% below 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 259.92 on May 29, 2026. QCOM gained -217.68 points, or -515.34%, in 537 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 136.68 and resistance is at 285.96. 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 259.92 on May 29, 2026. QCOM gained -139.12 points, or -115.17%, in 59 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 122.63 and resistance is at 295.53. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See QCOM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 2, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 August 3, 2026 at 142.89 and reached 205.85 on September 25, 2026. QCOM gained -62.96 points, or -44.06%, in 53 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See QCOM daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 daily MACD line is below its signal line since September 29, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See QCOM candlestick chart pattern] On Friday the chart has formed a Bearish Harami Candlestick pattern. A Bearish Harami pattern occurs in an uptrend. It shows the bulls’ upward drive has weakened and now a trend reversal is possible. The reliability of the Bearish Harami pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Candlestick pattern during the last week.
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