Qualcomm Incorporated Stock Technical Analysis

QCOM Stock  USD 157.63  3.81  2.36%   
As of the 20th of April, Qualcomm Incorporated holds the Coefficient Of Variation of 929.87, semi deviation of 1.8, and Risk Adjusted Performance of 0.0727. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Qualcomm Incorporated, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Qualcomm Incorporated, which can be compared to its competitors. Please check Qualcomm Incorporated variance, as well as the relationship between the value at risk and skewness to decide if Qualcomm Incorporated is priced some-what accurately, providing market reflects its current price of 157.63 per share. Given that Qualcomm Incorporated has jensen alpha of 0.1111, we recommend you to check out Qualcomm Incorporated's recent market performance to make sure the company can sustain itself at a future point.

Qualcomm Incorporated Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Qualcomm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Qualcomm
  
Qualcomm Incorporated's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Qualcomm Incorporated Analyst Consensus

Target PriceAdvice# of Analysts
128.37Buy35Odds
Qualcomm Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Qualcomm analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Qualcomm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Qualcomm Incorporated, talking to its executives and customers, or listening to Qualcomm conference calls.
Qualcomm Analyst Advice Details
Qualcomm Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Qualcomm Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qualcomm Incorporated trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Qualcomm Incorporated Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Qualcomm Incorporated volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Qualcomm Incorporated Trend Analysis

Use this graph to draw trend lines for Qualcomm Incorporated. You can use it to identify possible trend reversals for Qualcomm Incorporated as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Qualcomm Incorporated price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Qualcomm Incorporated Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Qualcomm Incorporated applied against its price change over selected period. The best fit line has a slop of   0.46  , which means Qualcomm Incorporated will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8080.68, which is the sum of squared deviations for the predicted Qualcomm Incorporated price change compared to its average price change.

About Qualcomm Incorporated Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Qualcomm Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Qualcomm Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Qualcomm Incorporated price pattern first instead of the macroeconomic environment surrounding Qualcomm Incorporated. By analyzing Qualcomm Incorporated's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Qualcomm Incorporated's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Qualcomm Incorporated specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2011 2017 2023 2024 (projected)
Dividend Yield0.04270.02810.03260.0343
Price To Sales Ratio3.423.444.676.86

Qualcomm Incorporated April 20, 2024 Technical Indicators

Most technical analysis of Qualcomm help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Qualcomm from various momentum indicators to cycle indicators. When you analyze Qualcomm charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Qualcomm Incorporated is a strong investment it is important to analyze Qualcomm Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qualcomm Incorporated's future performance. For an informed investment choice regarding Qualcomm Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Qualcomm Stock analysis

When running Qualcomm Incorporated's price analysis, check to measure Qualcomm Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qualcomm Incorporated is operating at the current time. Most of Qualcomm Incorporated's value examination focuses on studying past and present price action to predict the probability of Qualcomm Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualcomm Incorporated's price. Additionally, you may evaluate how the addition of Qualcomm Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Qualcomm Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.245
Dividend Share
3.15
Earnings Share
7.01
Revenue Per Share
32.534
Quarterly Revenue Growth
0.05
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.