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Uptrend SupportArchive
- 2/14/2025 -
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Qorvo (QRVO) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Qorvo (QRVO). During the week, the QRVO dropped -0.87 points, or -1.13%, and closed at 76.16 on Friday, February 14, 2025. Weekly volume was -22% below average.
 Long-term trend: [See QRVO long-term trend chart]
A long-term downtrend had started on July 16, 2024 at 130.99 and reached 64.54 on December 6, 2024. QRVO lost 66.45 points, or 50.73%, in 20 weeks. The price is now at the 17.49% retracement level.
 Medium-term trend: [See QRVO medium-term trend chart]
A medium-term uptrend had started on December 6, 2024 at 64.54 and reached 91.33 on January 24, 2025. QRVO gained -26.79 points, or -41.51%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (75.86) 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 QRVO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since January 17, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See QRVO short-term trend chart]
A short-term downtrend had started on January 24, 2025 at 91.33 and reached 75.27 on February 12, 2025. QRVO lost 16.06 points, or 17.58%, in 19 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (73.74) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
 Daily Technical Indicators: [See QRVO daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is below its signal line since January 31, 2025. This is an indication that the short-term trend is down.
Price is close to the 50 Day Moving Average. While 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.
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