Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 19.62% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.82 would be kept by the premium seller. The risk of $4.18 would be incurred if the stock rose above the $62.50 long call 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 down which suggests that the medium-term momentum for Qualcomm is bearish.
The RSI indicator is at 21.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Qualcomm (QCOM) Dips More Than Broader Markets: What You Should Know
Mon, 19 Nov 2018 22:50:10 +0000
Qualcomm (QCOM) closed at $54.90 in the latest trading session, marking a -1.75% move from the prior day.
Ericsson Bracing for Material Fine in Bribery Probe
Mon, 19 Nov 2018 17:50:10 +0000
Ericsson (ERIC) is steeling itself for a significant fine resulting from investigations into its compliance with America’s Foreign Corrupt Practices Act (or FCPA). The company’s compliance with the FCPA has been under scrutiny by the Securities and Exchange Commission since 2013 and the Department of Justice since 2015. Ericsson said last month that it was discussing a resolution of the probes, but it warned that a settlement could result in it being hit with a fine.
Ericsson Wants EU to Pave the Way for 5G in Vehicles
Mon, 19 Nov 2018 16:15:39 +0000
Ericsson (ERIC) continues to persuade EU policymakers to allow freedom on connected-vehicle technologies that can be used in the bloc. The European Commission, the executive arm of the EU economic bloc, is working out legislation around connected vehicles, but there are disagreements about whether Europe should favor cellular-based technology or WiFi-based technology for connected vehicles.
Qualcomm’s Licensing Business in 2018
Mon, 19 Nov 2018 15:31:33 +0000
Qualcomm (QCOM) earns revenues in two ways—selling chips and licensing its technology. Qualcomm doesn’t license its modem technology to rivals like Intel and MediaTek. Some regulators objected to the practice and said it was an anti-trust issue. In August, Qualcomm settled the anti-trust issue with Taiwan’s FTC (Federal Trade Commission). Now, Qualcomm is in settlement talks with the US FTC.
What Qualcomm’s Negative Efficiency Ratios Mean to Investors
Mon, 19 Nov 2018 15:30:23 +0000
In this series, we’ve learned that Qualcomm’s (QCOM) fiscal 2018 earnings took a hit as the smartphone market weakened and modem orders from Apple (AAPL) fell to zero. Qualcomm also withdrew from its NXP Semiconductors (NXPI) acquisition to remove uncertainty and focus on other growth opportunities. As Qualcomm’s investment in the NXP acquisition failed to materialize, its ROI (return on investment) took a big hit. A company’s efficiency ratios show the returns its management delivers from investments.
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