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

QORVO INC. - Daily - Technical analysis published on 10/17/2019 (GMT)

  • Who voted?
  • 161
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Are you looking for opportunities in American stocks?
Discover Londinia Opportunities...

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 78.23 USD
My targets
86.28 USD (+9.12%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on QORVO INC. as long as the price remains well above 78.23 USD. The buyers” bullish objective is set at 86.28 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

The QORVO INC. price is 79.07 USD. The price is lower by -0.96% since the last closing and was traded between 78.87 USD and 79.98 USD over the period. The price is currently at +0.25% from its lowest and -1.14% from its highest.

78.87
79.98
79.07

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by QORVO INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this QORVO INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 71.37 75.47 78.23 79.07 86.28
Change (%) -9.74% -4.55% -1.06% - +9.12%
Change -7.70 -3.60 -0.84 - +7.21
Level Major Major Intermediate - Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard75.9976.7778.3179.0980.6381.4182.95
Camarilla79.2079.4279.6379.8480.0580.2780.48
Woodie76.3676.9678.6879.2881.0081.6083.32
Fibonacci76.7777.6678.2179.0979.9880.5381.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard66.9769.4773.4175.9179.8582.3586.29
Camarilla75.5976.1876.7777.3677.9578.5479.13
Woodie67.7069.8374.1476.2780.5882.7187.02
Fibonacci69.4771.9373.4575.9178.3779.8982.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.4164.1869.1673.9278.9083.6788.65
Camarilla71.4672.3573.2574.1475.0375.9376.82
Woodie59.5264.2369.2773.9879.0183.7288.76
Fibonacci64.1867.9070.2073.9277.6479.9483.67

Numerical data


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

Technical indicators
Moving averages

RSI (14): 61.49
MACD (12,26,9): 1.0000
Directional Movement: 17.23
AROON (14): 64.29
DEMA (21): 76.88
Parabolic SAR (0,02-0,02-0,2): 71.93
Elder Ray (13): 3.15
Super Trend (3,10): 73.85
Zig ZAG (10): 79.07
VORTEX (21): 0.9600
Stochastique (14,3,5): 92.00
TEMA (21): 77.24
Williams %R (14): -9.81
Chande Momentum Oscillator (20): 4.93
Repulse (5,40,3): 1.7500
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 3.58
MA7: 76.59
MA20: 75.35
MA50: 73.94
MA100: 70.82
MAexp7: 77.29
MAexp20: 75.74
MAexp50: 74.20
MAexp100: 72.52
Price / MA7: +3.24%
Price / MA20: +4.94%
Price / MA50: +6.94%
Price / MA100: +11.65%
Price / MAexp7: +2.30%
Price / MAexp20: +4.40%
Price / MAexp50: +6.56%
Price / MAexp100: +9.03%

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.

About author

Online

Overall rating :
13833
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis QORVO INC. - Daily