QUALCOMM INC. - 1H - Technical analysis published on 05/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 78.97 USD
My targets
81.60 USD (+0.97%)
85.31 USD (+5.56%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on QUALCOMM INC. as long as the price remains well above 78.97 USD. The buyers” bullish objective is set at 81.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 85.31 USD. If there is any crossing, the next objective would be the resistance located at 89.29 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.2
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 QUALCOMM INC. rating is 80.82 USD. The price has increased by +0.32% since the last closing and was traded between 79.54 USD and 80.94 USD over the period. The price is currently at +1.61% from its lowest and -0.15% from its highest.79.54
80.94
80.82
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this QUALCOMM INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 71.77 | 75.09 | 78.97 | 80.82 | 81.60 | 85.31 | 89.29 |
| Change (%) | -11.20% | -7.09% | -2.29% | - | +0.97% | +5.56% | +10.48% |
| Change | -9.05 | -5.73 | -1.85 | - | +0.78 | +4.49 | +8.47 |
| Level | Minor | Major | Major | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 77.85 | 78.61 | 79.58 | 80.34 | 81.31 | 82.07 | 83.04 |
| Camarilla | 80.08 | 80.24 | 80.40 | 80.56 | 80.72 | 80.88 | 81.04 |
| Woodie | 77.97 | 78.66 | 79.70 | 80.39 | 81.43 | 82.12 | 83.16 |
| Fibonacci | 78.61 | 79.27 | 79.68 | 80.34 | 81.00 | 81.41 | 82.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.07 | 71.58 | 76.07 | 78.58 | 83.07 | 85.58 | 90.07 |
| Camarilla | 78.64 | 79.28 | 79.92 | 80.56 | 81.20 | 81.84 | 82.49 |
| Woodie | 70.06 | 72.08 | 77.06 | 79.08 | 84.06 | 86.08 | 91.06 |
| Fibonacci | 71.58 | 74.25 | 75.91 | 78.58 | 81.25 | 82.91 | 85.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.20 | 58.38 | 68.52 | 74.70 | 84.84 | 91.02 | 101.16 |
| Camarilla | 74.18 | 75.68 | 77.17 | 78.67 | 80.17 | 81.66 | 83.16 |
| Woodie | 54.19 | 59.37 | 70.51 | 75.69 | 86.83 | 92.01 | 103.15 |
| Fibonacci | 58.38 | 64.61 | 68.46 | 74.70 | 80.93 | 84.78 | 91.02 |
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): | 61.09 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | 7.36 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 80.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.16 | |
| Elder Ray (13): | 0.65 | |
| Super Trend (3,10): | 78.54 | |
| Zig ZAG (10): | 80.78 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 80.10 | |
| TEMA (21): | 80.72 | |
| Williams %R (14): | -15.90 | |
| Chande Momentum Oscillator (20): | 1.58 | |
| Repulse (5,40,3): | 0.6900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 2.91 |
| MA7: | 78.29 | |
| MA20: | 76.71 | |
| MA50: | 72.89 | |
| MA100: | 80.27 | |
| MAexp7: | 80.41 | |
| MAexp20: | 79.81 | |
| MAexp50: | 78.67 | |
| MAexp100: | 77.25 | |
| Price / MA7: | +3.23% | |
| Price / MA20: | +5.36% | |
| Price / MA50: | +10.88% | |
| Price / MA100: | +0.69% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +1.27% | |
| Price / MAexp50: | +2.73% | |
| Price / MAexp100: | +4.62% |
News
Don"t forget to follow the news on QUALCOMM INC.. At the time of publication of this analysis, the latest news was as follows:
- Fujitsu and Qualcomm Complete Multi-Gigabit Data Call Using 5G Carrier Aggregation
- Qualcomm's Board of Directors Appoints Jamie Miller to Board
- Qualcomm Earnings Release Available on Company's Investor Relations Website
- Qualcomm Earnings Release Available on Company's Investor Relations Website
- Qualcomm Earnings Release Available on Company's Investor Relations Website
This member declared not having a position on this financial instrument or a related financial instrument.
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