QUALCOMM INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	QCOM
ISIN:

QUALCOMM INC. - Daily - Technical analysis published on 09/15/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 138.54 USD

My targets

120.54 USD (-5.48%)

105.69 USD (-17.13%)

My analysis

QUALCOMM INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 138.54 USD. The next support located at 120.54 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 105.69 USD. Below this support, sellers could then target 81.92 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.7

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The QUALCOMM INC. price is 127.53 USD. On the day, this instrument gained +2.08% and was traded between 125.50 USD and 127.90 USD over the period. The price is currently at +1.62% from its lowest and -0.29% from its highest.

125.50

127.90

127.53

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this QUALCOMM INC. chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	105.69	120.54	126.91	127.53	147.12	159.34	174.03
Change (%)	-17.13%	-5.48%	-0.49%	-	+15.36%	+24.94%	+36.46%
Change	-21.84	-6.99	-0.62	-	+19.59	+31.81	+46.50
Level	Minor	Major	Intermediate	-	Intermediate	Major	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	123.65	124.58	126.05	126.98	128.45	129.38	130.85
Camarilla	126.87	127.09	127.31	127.53	127.75	127.97	128.19
Woodie	123.93	124.72	126.33	127.12	128.73	129.52	131.13
Fibonacci	124.58	125.49	126.06	126.98	127.89	128.46	129.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	121.05	123.48	127.76	130.19	134.47	136.90	141.18
Camarilla	130.21	130.82	131.44	132.05	132.67	133.28	133.90
Woodie	121.99	123.94	128.70	130.65	135.41	137.36	142.12
Fibonacci	123.48	126.04	127.62	130.19	132.75	134.33	136.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.27	117.78	125.03	138.54	145.79	159.30	166.55
Camarilla	126.56	128.46	130.37	132.27	134.17	136.08	137.98
Woodie	101.13	116.22	121.89	136.98	142.65	157.74	163.41
Fibonacci	117.78	125.71	130.61	138.54	146.47	151.37	159.30

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.75
MACD (12,26,9):	-4.2500
Directional Movement:	-15.65
AROON (14):	-78.57
DEMA (21):	129.02
Parabolic SAR (0,02-0,02-0,2):	134.22
Elder Ray (13):	-4.96
Super Trend (3,10):	140.12
Zig ZAG (10):	127.53
VORTEX (21):	0.7400
Stochastique (14,3,5):	16.73
TEMA (21):	125.47
Williams %R (14):	-86.21
Chande Momentum Oscillator (20):	-10.08
Repulse (5,40,3):	-1.0300
ROCnROLL:	2
TRIX (15,9):	-0.3700
Courbe Coppock:	19.65

MA7:	128.80
MA20:	135.58
MA50:	141.07
MA100:	136.99
MAexp7:	129.25
MAexp20:	134.10
MAexp50:	137.76
MAexp100:	139.85
Price / MA7:	-0.99%
Price / MA20:	-5.94%
Price / MA50:	-9.60%
Price / MA100:	-6.91%
Price / MAexp7:	-1.33%
Price / MAexp20:	-4.90%
Price / MAexp50:	-7.43%
Price / MAexp100:	-8.81%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on QUALCOMM INC. at the time of the generation of this analysis was as follows:

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

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