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QCOM Stock Forecast & QUALCOMM Incorporated Chart Analysis

This article provides a detailed analysis of QCOM-QUALCOMM Incorporated stock including a forecast for QCOM shares. It features QUALCOMM Incorporated technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

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QCOM Historical Data Review

QCOM Current Price Performance Analysis

The QUALCOMM Incorporated - QCOM stock traded on the American stock market, on 06-05-2024, closed at 211.9$ with a %3.68 increased compared to the previous day.

In the last month, the price of QCOM changed by %16.52 increased in value, from 181.85 dollars on 05-06-2024 to 211.9 dollars, increased.

Last year, the price of QCOM was 116.36 dollars on 06-06-2023, and changed by %82.11 increased in value, to 211.9 dollars increased within a year.

The price of QUALCOMM Incorporated stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

QCOM with AI Stock Forecast & Price Target

QCOM stock forecast QUALCOMM Incorporated price target

On the QCOM chart QUALCOMM Incorporated price was recorded as 211.9 Dollars on 06/05/2024.

The artificial intelligence's forecast on QCOM stock is as follows.

The artificial intelligence's prediction error margin for QCOM stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for QUALCOMM Incorporated stock over the next 4 months is: 251.5 Dollars.

The commentary on QCOM stock Target Price: Highest: 288.172 Dollars is predicted.

The commentary on QCOM stock Target Price: Lowest: 202.58 Dollars is predicted.

Resistance Price where QUALCOMM Incorporated stock will Rise and Fall:

Date Price Prediction
07-25-2024 229.962
11-12-2024 288.172
12-02-2024 287.994

Support Price where QUALCOMM Incorporated stock will Fall and Rise:

Date Price Prediction
08-19-2024 220.258
11-27-2024 287.319
03-07-2025 246.347

The commentary on QCOM stock: The target price can generally be said to be on the rise.

The commentary on QCOM stock: Fluctuations in the target price can be expected in the coming days.

The target price for QUALCOMM Incorporated stock by the end of 2024 is predicted to be 279.711 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on QCOM stock, and the 2024 target price predictions for QUALCOMM Incorporated are detailed above.

The technical analysis and charts for the commentary on QCOM stock are below.

QCOM Support & Resistance and Trend Analysis

QCOM review QUALCOMM Incorporated technical analysis trend chart QCOM priceQCOM stock support and resistance price chart

QCOM stock you have reviewed the technical analysis support resistance charts regarding.

QCOM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the QCOM review, the QUALCOMM Incorporated support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

QUALCOMM Incorporated Support and Resistance Prices:

QCOM Support Level Price QCOM Resistance Level Price
125.67 130.60
134.94 146.89
139.26 157.98
156.34 173.90
163.63 175.99
177.59

QCOM Technical Analysis: SMA, RSI, MACD

QCOM review QUALCOMM Incorporated SMA chart analysis QCOM priceQCOM buy or sell review QUALCOMM Incorporated MACD chart analysis QCOM price

Upon reviewing the QCOM chart, buy and sell signals have been generated in the QUALCOMM Incorporated technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for QCOM stock are as follows:
  1. The technical analysis for QUALCOMM Incorporated indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for QUALCOMM Incorporated stock: Click here to read more predictions on Citigroup stock.

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