Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $53.50 short call and a strike $58.50 long call offers a potential 12.61% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.50 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock rose above the $58.50 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
Qualcomm Inc. Extends the Tender Offer for NXP Semiconductors NV Shares
Tue, 07 Feb 2017 00:42:00 GMT
Qualcomm Extends Cash Tender Offer for NXP Shares
Mon, 06 Feb 2017 23:10:00 GMT
Investopedia – Qualcomm has extended its cash tender offer for all of the outstanding shares of NXP Semiconductors until March 7.
NXP Semiconductors Worth More Than $110: More Squawk From Jim Cramer
Mon, 06 Feb 2017 17:16:00 GMT
TheStreet – NXP Semiconductors is being ‘underrated' by Qualcomm's $110 per share bid, Jim Cramer says.
Could Divestiture of Standard Products Division Impact QCOM’s Earnings?
Mon, 06 Feb 2017 15:36:30 GMT
How Could High Leverage Impact Qualcomm’s Shareholders?
Mon, 06 Feb 2017 15:36:09 GMT
Market Realist – In fiscal 1Q17, Qualcomm’s (QCOM) operating cash flow fell 50% year-over-year to $1.4 billion.
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