Question 1

What implications does the 10-day RSI indicator have for QCOM?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where QCOM's RSI Oscillator exited the oversold zone, 12 of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about QCOM's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did QCOM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on QCOM as a result. In 58 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for QCOM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for QCOM just turned positive on August 13, 2024. Looking at past instances where QCOM's MACD turned positive, the stock continued to rise in 31 of 48 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for QCOM's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where QCOM declined for three days, in 189 of 276 cases, the price declined further within the following month. The odds of a continued downward trend are 68%.

Question 6

How does the Aroon Indicator reflect on QCOM's trend?

Accepted Answer

The Aroon Indicator for QCOM entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

QCOM Stock QUALCOMM (QCOM, $209.44) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 6, 2024

QCOM in -1.25% downward trend, falling for three consecutive days on August 12, 2024

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