Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 6.84% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $70.00 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 78.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Chipmaker Qualcomm may face EU antitrust probe – sources
Wed, 27 Aug 2014 08:47:32 GMT
Reuters – Qualcomm, the world's No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday. An EU probe would come at an awkward time for Qualcomm, which is seeking to end an investigation by China's pricing regulator into monopoly practices. “The Commission may open a case after the summer,” said one of the sources, who declined to be named because of the sensitivity of the matter. British cellphone chipmaker Icera, acquired by Nvidia Corp in 2011, took its grievances to the European Commission in June 2010, accusing Qualcomm of anti-competitive behaviour.
Exclusive – Chipmaker Qualcomm may face EU antitrust probe: sources
Wed, 27 Aug 2014 02:44:48 GMT
Reuters – Qualcomm (QCOM.O), the world's No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday. An EU probe would come at an awkward time for Qualcomm, which is seeking to end an investigation by China's pricing regulator into monopoly practices. “The Commission may open a case after the summer,” said one of the sources, who declined to be named because of the sensitivity of the matter. British cellphone chipmaker Icera, acquired by Nvidia Corp (NVDA.O) in 2011, took its grievances to the European Commission in June 2010, accusing Qualcomm of anti-competitive behaviour.
Exclusive: Chipmaker Qualcomm may face EU antitrust probe – sources
Wed, 27 Aug 2014 02:42:39 GMT
Reuters – Qualcomm, the world's No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday. An EU probe would come at an awkward time for Qualcomm, which is seeking to end an investigation by China's pricing regulator into monopoly practices. “The Commission may open a case after the summer,” said one of the sources, who declined to be named because of the sensitivity of the matter. British cellphone chipmaker Icera, acquired by Nvidia Corp in 2011, took its grievances to the European Commission in June 2010, accusing Qualcomm of anti-competitive behavior.
Exclusive: Chipmaker Qualcomm may face EU antitrust probe – sources
Wed, 27 Aug 2014 02:42:39 GMT
Reuters – Qualcomm, the world's No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday. An EU probe would come at an awkward time for Qualcomm, which is seeking to end an investigation by China's pricing regulator into monopoly practices. “The Commission may open a case after the summer,” said one of the sources, who declined to be named because of the sensitivity of the matter. British cellphone chipmaker Icera, acquired by Nvidia Corp in 2011, took its grievances to the European Commission in June 2010, accusing Qualcomm of anti-competitive behavior.
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