QORVO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	QRVO
ISIN:

QORVO INC. - Daily - Technical analysis published on 07/12/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 68.24 USD

My targets

71.33 USD (+2.87%)

73.82 USD (+6.46%)

My analysis

QORVO INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 68.24 USD. The next resistance located at 71.33 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 73.82 USD. After this resistance, buyers could then target 76.10 USD.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The QORVO INC. rating is 69.34 USD. The price has increased by +0.00% since the last closing and was between 68.74 USD and 69.72 USD. This implies that the price is at +0.87% from its lowest and at -0.55% from its highest.

68.74

69.72

69.34

Here is a more detailed summary of the historical variations registered by QORVO INC.:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of QORVO INC. indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	61.54	63.31	68.24	69.34	71.33	73.82	76.10
Change (%)	-11.25%	-8.70%	-1.59%	-	+2.87%	+6.46%	+9.75%
Change	-7.80	-6.03	-1.10	-	+1.99	+4.48	+6.76
Level	Major	Major	Intermediate	-	Major	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.65	68.45	68.90	69.70	70.14	70.94	71.39
Camarilla	69.00	69.11	69.23	69.34	69.45	69.57	69.68
Woodie	67.47	68.36	68.72	69.61	69.96	70.85	71.21
Fibonacci	68.45	68.93	69.22	69.70	70.17	70.47	70.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62.83	65.56	67.26	69.99	71.69	74.42	76.12
Camarilla	67.75	68.16	68.56	68.97	69.38	69.78	70.19
Woodie	62.33	65.30	66.76	69.73	71.19	74.16	75.62
Fibonacci	65.56	67.25	68.29	69.99	71.68	72.72	74.42

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.09
MACD (12,26,9):	1.1100
Directional Movement:	17.48
AROON (14):	28.57
DEMA (21):	68.45
Parabolic SAR (0,02-0,02-0,2):	67.83
Elder Ray (13):	1.17
Super Trend (3,10):	64.26
Zig ZAG (10):	69.34
VORTEX (21):	1.0000
Stochastique (14,3,5):	64.84
TEMA (21):	70.19
Williams %R (14):	-36.20
Chande Momentum Oscillator (20):	4.79
Repulse (5,40,3):	-0.3700
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	16.50

MA7:	69.26
MA20:	66.43
MA50:	66.83
MA100:	69.47
MAexp7:	68.96
MAexp20:	67.35
MAexp50:	67.32
MAexp100:	68.07
Price / MA7:	+0.12%
Price / MA20:	+4.38%
Price / MA50:	+3.76%
Price / MA100:	-0.19%
Price / MAexp7:	+0.55%
Price / MAexp20:	+2.95%
Price / MAexp50:	+3.00%
Price / MAexp100:	+1.87%

News

The latest news and videos published on QORVO INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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