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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Qorvo, Inc. (NASDAQ:QRVO)
Countertrend Down (-85) - QRVO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QRVO?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRVO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QRVO
The long-term trend has been DOWN since Sep 12th, 2023 at 95.06
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 97.97
The short-term trend has been UP since Sep 29th, 2023 at 96.60
Smart Scan Analysis for QRVO
Based on our trend formula, QRVO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 96.790 | 96.925 | 95.290 | 95.450 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 95.470 | 559764 | 2023-09-29 15:59:52 |
| Year High | 86.84 | Year High Date | 2018-03-12 |
| Year Low | 61 | Year Low Date | 2018-11-13 |
| 52wk High | 114.5871 | 52wk High Date | 2023-02-01 |
| 52wk Low | 75.38 | 52wk Low Date | 2022-10-13 |
| Average Volume | 1,346,072 | Shares Outstanding | 97,910 |
| Market Cap | 8,983M | Assets | 668,659,200M |
| Liabilities | 287,436,900M | P/E Ratio | 106.88 |
| Volatility | 53.47 |