Question 1

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

Accepted Answer

The RSI Oscillator for QCOM moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In 15 of the 20 cases the stock moved higher. This puts the odds of a move higher at 75%.

Question 2

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

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 41 of 55 cases where QCOM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.

Question 3

How did QCOM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on QCOM as a result. In 55 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 68%.

Question 4

What does MACD indicator imply for QCOM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for QCOM just turned positive on September 11, 2024. Looking at past instances where QCOM's MACD turned positive, the stock continued to rise in 32 of 47 cases over the following month. The odds of a continued upward trend are 68%.

Question 5

What does a 3-day price advance indicate for QCOM?

Accepted Answer

Following a +3.65% 3-day Advance, the price is estimated to grow further. Considering data from situations where QCOM advanced for three days, in 210 of 316 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QCOM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 69%.

Question 7

What does QCOM breaking above its upper Bollinger Band indicate?

Accepted Answer

QCOM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

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, $166.56) Moving Average Convergence Divergence (MACD) Histogram turned positive on September 11, 2024

QCOM's RSI Oscillator recovers from oversold territory

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