Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
QUALCOMM, Inc (NASDAQ:QCOM)
Countertrend Down (-85) - QCOM 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 QCOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCOM
The long-term trend has been DOWN since Mar 3rd, 2021 at 134.44
The intermediate-term trend has been DOWN since May 4th, 2021 at 132.47
The short-term trend has been UP since May 14th, 2021 at 128.54
Smart Scan Analysis for QCOM
Based on our trend formula, QCOM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||76.5||Year High Date||2018-09-18|
|Year Low||48.56||Year Low Date||2018-04-26|
|52wk High||167.94||52wk High Date||2021-01-20|
|52wk Low||74.37||52wk Low Date||2020-05-15|
|Year End Close||61.8596||Average Volume||10,352,718|
|Shares Outstanding||1,128,000||Short Interest||12,706,716|
|% Institutional||79.8||Market Cap||97,131M|