The Greedy Trader Weekly Analysis
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- 6/5/2026 -
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QUALCOMM Inc. (QCOM) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are overboughtTrend support at 218.63
Daily :Stochastic has declined below the signal lineDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger BandsThe period of high volatility of the stock price
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It was the negative week for the QUALCOMM Inc. (QCOM). During the week, the QCOM dropped -35.08 points, or -13.97%, and closed at 215.94 on Friday, June 5, 2026. Weekly volume was 69% 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 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 132.88 and resistance is at 278.19. 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, 2026 at 121.99 and reached 259.92 on May 29, 2026. QCOM gained -137.93 points, or -113.07%, in 7 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (218.63) 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 medium-term trend.

Weekly Technical Indicators: [See QCOM weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 above its signal line since April 24, 2026. 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 29, 2026 at 259.92 and reached 215.00 on June 5, 2026. QCOM lost 44.92 points, or 17.28%, in 7 days. Price is near the trend low.

Daily Technical Indicators: [See QCOM daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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.

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 distance between the Bollinger Bands is 119.52% 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) 54.16
Williams' Percentage Range (W%R) 32.30
Lane's Stochastic (%D-Slow) 54.89
Greed/Fear Indicator (GFI) 58.91
Moving Average Converg./Diverg. (MACD) 19.50
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.50
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 80.04
Overbought
Greed/Fear Indicator (GFI) 74.83
Moving Average Converg./Diverg. (MACD) 2.40
Trading Signals
Description Value Chart
Parabolic System 260.18
Upper Bollinger Band 256.18
Daily Stochastic Crossing 239.63
Weekly Stochastic Crossing 231.44
20 Day Moving Average 224.49
Monthly Trendline Support 218.63
Price 215.94
Lower Bollinger Band 182.52
50 Day Moving Average 176.26
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Semiconductors 114
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 255.09
High Date 06/03/2026
Low 215.00
Low Date 06/05/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 259.92
High Date 05/29/2026
Low 215.00
Low Date 06/05/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 264.54
Support 218.63
Low 121.99
Low Date 04/07/2026
High 259.92
High Date 05/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 120.80
Low Date 04/07/2025
High 259.92
High Date 05/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 278.19
Support 132.88
Low 42.24
Low Date 02/11/2016
High 259.92
High Date 05/29/2026
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.