Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 20.19% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $80.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Qualcomm is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Qualcomm is bullish.
The RSI indicator is at 59.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
CommScope (COMM) Offers Improved 5G Wireless Connectivity
Wed, 18 Dec 2019 14:09:02 +0000
The solution from CommScope (COMM) enables operators to offer high-speed fixed wireless Internet using the same multi-application gateway platform used to provide wireline broadband services.
Motorola's Avigilon to Help Safeguard Alabama Supermarkets
Wed, 18 Dec 2019 13:55:01 +0000
The heightened security measures by Motorola (MSI) will help to safeguard the business of Marino's Market from pilferage, false liability claims, shrinkage and procurement issues.
CenturyLink Strengthens Research Consortium With Internet2
Wed, 18 Dec 2019 13:49:01 +0000
CenturyLink (CTL) deploys low-loss fiber network to foster various educational institutions and leading-edge research projects in collaboration with Internet2.
3 Telecom Stocks That More Than Doubled the S&P 500 in 2019
Wed, 18 Dec 2019 13:41:01 +0000
In a bid to achieve significant market traction, communications service providers are expanding fiber optics networks to drive 4G LTE and 5G wireless standards.
The Zacks Analyst Blog Highlights: Microsoft, Wells Fargo, Chevron, American Express and QUALCOMM
Tue, 17 Dec 2019 15:19:03 +0000
The Zacks Analyst Blog Highlights: Microsoft, Wells Fargo, Chevron, American Express and QUALCOMM
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