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Stock Charts AI Power Rank: 1.0
Power Rank trend -> Falling
07/26/2024 16:26:00 EST
Qualcomm Incorporated (QCOM)
Industry: Semiconductors
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, QCOM has been trading in a range between $209.64 and $186.21 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Qualcomm Incorporated $QCOM entered a Red zone 8 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $128.37, a potential down side of -28.7% from the recent price of 180.05. The stock is trading 28.09% (potential upside) below its 52 week high of $230.63 and 75.27 % (potential downside) above its 52 week low of $102.73 - based on the recent price.
Company Summary
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
News
| Goldilocks US Economy to Boost Stock Price of ANET, QCOM, MU Steady economic growth amid easing inflationary pressure bodes well for Arista Networks (ANET), QUALCOMM (QCOM) and Micron Technology (MU). Source: Zacks Investment Research Fri, 26 Jul 2024 15:45:24 -0400 Sentiment: Positive |
| 3 Standout Semiconductor Stocks to Buy Now Semiconductors power many devices that you use every day. You can find this technology in your computer, car, refrigerator, and other everyday items. Source: InvestorPlace Fri, 26 Jul 2024 14:21:23 -0400 Sentiment: Positive |
| Qualcomm Analyst Predicts 34% Upside: 'Share Price Pullback Offers Entry Point' Qualcomm Inc‘s QCOM shares dropped 13% in just a month; this presents an excellent entry point for investors looking to capitalize on a promising upswing driven by artificial intelligence adoption. Source: Benzinga Fri, 26 Jul 2024 13:08:47 -0400 Sentiment: Positive |
| 3 Hidden Stocks Ready to Explode Into Trillion-Dollar Giants Certain companies rise above the rest in the technology sector, quietly positioning themselves as trillion-dollar companies with explosive growth. Here, the focus is on the secrets of three such hidden titans. Source: InvestorPlace Fri, 26 Jul 2024 10:30:00 -0400 Sentiment: Positive |
| Qualcomm (QCOM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Get a deeper insight into the potential performance of Qualcomm (QCOM) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. Source: Zacks Investment Research Fri, 26 Jul 2024 10:20:51 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 230.63 52 Week Low: 102.7287 Beta: 1.272 50 Day MA: 203.1778 200 Day MA: 160.7277 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.357 Qtr Revenue Growth YOY: 0.012 Forward PE: 17.9533 Trailing PE: 24.0067