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
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
- European stock markets declined amid rising concerns about an energy crisis May 13, 2026
- USD/JPY Continues to Climb Amid External and Domestic Pressures May 13, 2026
- You can change your emotions – but it’s a 2‑step process that takes some effort May 12, 2026
- The United States rejected Iran’s proposal for resolving the conflict. Oil prices surged again May 12, 2026
- EUR/USD on Edge: Middle East and China in Focus May 12, 2026
- The US stock indices continue to set new records. China’s exports showed a sharp increase May 11, 2026
