Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 7.3% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $80.00 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 43.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
As Qualcomm decision looms, U.S. presses China on antitrust policy
Tue, 16 Dec 2014 04:41:15 GMT
Reuters – By Michael Martina and Matthew Miller BEIJING (Reuters) – U.S. President Barack Obama pressed China's Xi Jinping during recent talks on the use of Chinese antitrust policy to limit royalty fees for foreign …
As Qualcomm decision looms, U.S. presses China on antitrust policy
Tue, 16 Dec 2014 04:02:00 GMT
Reuters – U.S. President Barack Obama pressed China's Xi Jinping during recent talks on the use of Chinese antitrust policy to limit royalty fees for foreign companies, an issue at the heart of a probe into U.S. …
QUALCOMM INC/DE Files SEC form 8-K, Change in Directors or Principal Officers
Mon, 15 Dec 2014 21:11:20 GMT
Don't Get Too Excited About The iPhone 7
Mon, 15 Dec 2014 14:55:00 GMT
Forbes – The Apple iPhone 7 and Samsung Galaxy S6 rumours are starting to fly in thick and fast. But how radically different are they, or any other 2015 smartphone, going to be? Probably not much, and there’s a good chance that your mind won't be blown when they finally land. I say
Momentum Builds for NBASE-T Alliance With Twelve New Participants
Mon, 15 Dec 2014 14:00:00 GMT
Marketwired – NBASE-T Alliance, an industry-wide cooperative effort to promote the development of 2.5 and 5 Gigabit Ethernet over twisted pair copper cabling for enterprise network infrastructure, today announced the …
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