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QUALCOMM INC.
QUALCOMM INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: QCOM
ISIN:

QUALCOMM INC. - 1H - Technical analysis published on 10/26/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 130.68 USD
My targets
132.97 USD (+1.22%)
137.32 USD (+4.53%)
My analysis
The basic trend is bullish on QUALCOMM INC. and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 130.68 USD. Sellers would then use the next support located at 128.83 USD as an objective. Crossing it would then enable sellers to target 127.18 USD. If there is a return to above the resistance located at 132.97 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 137.32 USD and 138.94 USD by extension.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5

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.

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

Additional analysis

Quotes

The QUALCOMM INC. rating is 131.37 USD. The price registered a decrease of -0.42% on the session and was between 131.07 USD and 133.79 USD. This implies that the price is at +0.23% from its lowest and at -1.81% from its highest.

131.07
133.79
131.37

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by QUALCOMM INC.:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of QUALCOMM INC. in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 127.18 128.83 130.68 131.37 132.97 137.32 138.94
Change (%) -3.19% -1.93% -0.53% - +1.22% +4.53% +5.76%
Change -4.19 -2.54 -0.69 - +1.60 +5.95 +7.57
Level Minor Minor Major - 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
Standard129.23130.26131.10132.13132.97134.00134.84
Camarilla131.42131.59131.76131.93132.10132.27132.44
Woodie129.13130.21131.00132.08132.87133.95134.74
Fibonacci130.26130.98131.42132.13132.85133.29134.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard123.23125.73128.68131.18134.13136.63139.58
Camarilla130.12130.62131.12131.62132.12132.62133.12
Woodie123.45125.84128.90131.29134.35136.74139.80
Fibonacci125.73127.82129.10131.18133.27134.55136.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard103.02115.86122.42135.26141.82154.66161.22
Camarilla123.65125.42127.20128.98130.76132.54134.32
Woodie99.88114.29119.28133.69138.68153.09158.08
Fibonacci115.86123.27127.85135.26142.67147.25154.66

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): 43.71
MACD (12,26,9): 0.0300
Directional Movement: 3.27
AROON (14): -21.43
DEMA (21): 132.10
Parabolic SAR (0,02-0,02-0,2): 133.73
Elder Ray (13): -0.64
Super Trend (3,10): 130.79
Zig ZAG (10): 131.40
VORTEX (21): 0.9700
Stochastique (14,3,5): 15.90
TEMA (21): 131.67
Williams %R (14): -87.73
Chande Momentum Oscillator (20): -0.23
Repulse (5,40,3): -0.6500
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.38
MA7: 131.83
MA20: 128.90
MA50: 135.80
MA100: 138.51
MAexp7: 131.79
MAexp20: 131.94
MAexp50: 131.25
MAexp100: 130.61
Price / MA7: -0.35%
Price / MA20: +1.92%
Price / MA50: -3.26%
Price / MA100: -5.15%
Price / MAexp7: -0.32%
Price / MAexp20: -0.43%
Price / MAexp50: +0.09%
Price / MAexp100: +0.58%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on QUALCOMM 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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