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10.8% Return Seen to Date on SmarTrend Qualcomm Inc Call (QCOM)

By Nick Russo

SmarTrend identified an Uptrend for Qualcomm Inc (NASDAQ:QCOM) on April 7th, 2020 at $72.88. In approximately 1 month, Qualcomm Inc has returned 10.83% as of today's recent price of $80.77.

Over the past year, Qualcomm Inc has traded in a range of $49.10 to $96.17 and is now at $80.48, 64% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

QUALCOMM Incorporated manufactures digital wireless communications equipment. The Company licenses its code division multiple access (CDMA) and orthogonal frequency division multiplexing access intellectual property to other companies and produces CDMA-based integrated circuits, as well as equipment and software used to track workers, assets, and software for wireless content enablement.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Qualcomm Inc shares.

Log in and add Qualcomm Inc (QCOM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights qualcomm inc

Ticker(s): QCOM