Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $70.00 short call and a strike $75.00 long call offers a potential 16.82% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $70.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $75.00 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 at 52.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Intel Joins FIDO Alliance and Board of Directors to Support Advancement of Online Strong Authentication and Move Beyond Passwords
Tue, 02 Jun 2015 07:01:00 GMT
Marketwired – The FIDO Alliance has announced today that Intel Corporation has joined and been appointed to the Board of Directors. FIDO is an industry consortium whose mission is to revolutionize online authentication …
Qualcomm Asserts MU-MIMO Wi-Fi Dominance At Computex 2015 With New Four Stream Products
Tue, 02 Jun 2015 02:02:00 GMT
Qualcomm Expands 802.11ac MU-MIMO Product Portfolio for Wi-Fi Access Points and Routers, Builds Momentum with Significant Customer Adoption
Tue, 02 Jun 2015 02:00:00 GMT
PR Newswire – SAN DIEGO, June 1, 2015 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc., is unveiling new 802.11ac Wave 2 solutions that combine multi-user …
Qualcomm Unveils Industry's First Hybrid Wireless Extender Utilizing HomePlug AV2 MIMO and 802.11ac Wi-Fi
Tue, 02 Jun 2015 02:00:00 GMT
PR Newswire – SAN DIEGO, June 1, 2015 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc., is launching the industry's first hybrid wireless range extender …
Qualcomm and Leading Tablet Solutions Provider Allwinner Technology to Collaborate in Growth of 4G LTE Tablets Powered by Qualcomm Snapdragon Processors
Tue, 02 Jun 2015 02:00:00 GMT
PR Newswire – TAIPEI, Taiwan, June 1, 2015 /PRNewswire/ — Qualcomm Technologies, Inc. (QTI), a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), and Allwinner Technology, Co. Ltd, today announced that they will be …
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