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Qualcomm Incorporated specializes in wireless technologies, including 3G, 4G, and 5G connectivity. They also focus on high-performance and low-power computing, particularly in on-device artificial intelligence. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives. QCT develops integrated circuits and software for 3G/4G/5G technologies, as well as other advancements like radio frequency front-end, advanced driver assistance systems, and Internet of Things solutions. QTL offers licenses and grants rights to their valuable intellectual property for wireless product manufacturing and sales.
QCOM — NASDAQ —
The short length moving average (10 SMA) is about to cross the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our USA Stocks Advisory, Qualcomm stock price target will be SUSD 179 - USD 181 in the next 14-15 trading sessions.
