By InvestMacro.com | #stocks #QCOM
QUALCOMM Incorporated End of Day Update: October 12 2022
The QUALCOMM Incorporated (QCOM) stock closed down for the day with a decline of -1.05 percent and ended the day around the 109.16 price level, according to unofficial data at the New York close.
Qualcomm, an American technology company based in California, opened the trading day at the 110.32 level with the high of the day at 110.80 and the low of the day at 108.38.
Today saw the QCOM stock drop for its fourth consecutive day and dip to its lowest trading level since September 21st of 2020, a span of just over two years.
The QCOM Trend is down, RSI level is Bearish
The stock is currently trending lower over the past 200 days as seen by the linear regression trend line (red) in the chart below. QCOM has fallen from trading over $180 per share in late December 2021 to currently under $110 per share today.
The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI is at a 31.3 score. This equates to a Bearish reading on the daily time-frame.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
QCOM Price Returns (Closing Price Changes)
The QCOM is now down by -8.21 percent over the past 10 days while seeing a slide of -18.33 over the past 30 days. The 90-day change is -22.27 while the 180-day return and the 365-day return are -33.02 and -18.28, respectively.
By InvestMacro.com – – Get our stock market newsletter for stock charts, rankings & news
- COT Metals Charts: Speculator Bets led by Gold, Silver & Platinum Sep 21, 2024
- COT Bonds Charts: Speculator Bets led by Fed Funds & 5-Year Bonds Sep 21, 2024
- COT Stock Market Charts: Speculator Bets led by VIX & DowJones-Mini Sep 21, 2024
- COT Soft Commodities Charts: Speculator bets led by Cotton & Soybeans Sep 21, 2024
- The People’s Bank of China kept key rates unchanged. Oil grows amid escalating conflict in the Middle East Sep 20, 2024
- AUD/USD Reaches New Heights as Risk Sentiment Improves Sep 20, 2024
- Brent Crude Oil Rebounds Amid Monetary Easing and Market Dynamics Sep 19, 2024
- The US Fed surprised the market with a sharp rate cut. Australia’s labor market remains resilient Sep 19, 2024
- The US Federal Reserve will begin its rate-cutting cycle today. In the UK, inflation figures were unchanged Sep 18, 2024
- USDJPY Experiences Renewed Decline as Market Adjusts Expectations Sep 18, 2024