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Qualcomm Inc Declining With Trend-Confirming Volume (QCOM)

By David Diaz

Shares of Qualcomm Inc are trading today in above average volume, with the share price falling 3.7% to $60.47. Approximately 15.9 million shares have changed hands today vs. average 30-day volume of 8.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Qualcomm Inc and will alert subscribers who have QCOM in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Qualcomm Inc has traded in a range of $48.92 to $71.62 and is now at $60.26, 23% above that low. The 200-day and 50-day moving averages have moved 0.51% lower and 0.03% higher over the past week, respectively.

Keywords: unusual volume qualcomm inc

Ticker(s): QCOM