Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 6.61% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Qualcomm is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Qualcomm is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Qualcomm
Apple beef is all Qualcomm can talk about
Fri, 21 Apr 2017 17:37:43 +0000
Qualcomm Inc. had a pretty good quarter, but executives barely got to talk about it Wednesday as all eyes focused on a different tech giant.
QUALCOMM, Inc. :QCOM-US: Earnings Analysis: Q2, 2017 By the Numbers : April 21, 2017
Fri, 21 Apr 2017 14:46:32 +0000
Categories: Yahoo FinanceGet free summary analysis QUALCOMM, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of QUALCOMM, Inc. – BlackBerry Limited (BBRY-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 5016 million, Net Earnings of USD 749 million. Gross margins … Read more
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3 Lowest P/E Stocks Today
Fri, 21 Apr 2017 14:31:00 +0000
Using Apple, HP Inc., and Qualcomm as examples of the benefits and drawbacks that come from investing in value stocks.
Company News for April 21, 2017
Fri, 21 Apr 2017 14:09:02 +0000
Companies in the News are: NUE,SHW,QCOM,SCSS
Samsung Claims Its New 10-Nanometer LPP Tech Is Ready for Mass Production
Fri, 21 Apr 2017 13:15:00 +0000
This Fool doesn't expect production to start until the fourth quarter of 2017, though.
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