QCOM chart analysis today

QCOM is 68 days into a downtrend, coiling inside a rising wedge. $169.72 ends the wedge, $162.69 resumes the fall.

Qualcomm · daily · last close $166.61 · read computed from candles through 2026-09-01. No AI, no signal, no target.

QCOM · Dailydaily
$110.96$150.96$190.96$230.95$270.95avg86424800432124000VolumeResistance $212.68 · 2 touchesSupport $156.48 · 2 touchesPOLERISING WEDGEBreaks above $169.72Breaks below $162.69Weekly resistance $232.03

The two prices that decide it

Above
$169.72 · the rising wedge
Below
$162.69 · the rising wedge
Formation state
Still forming.
Trend
lower highs and lower lows over the window, 6 steps across 68 bars, still intact
Agreement
Structure 2 of 4 (mixed) · indicators 0 of 3 (low)

Levels and what happened there

  • Resistance $212.68
  • Support $156.48
  • Support $130.40
  • The last two times price reached $212.68 it held once, bouncing 19%, and broke through once.
  • The last two times price reached $156.48 it held once, bouncing 9.5%.
  • The last nine times price reached $130.40 it held 4 times, bouncing 10.0% on average, and broke through once.
  • Bigger picture Weekly flat, daily coiling. weekly — no clear direction, nearest resistance $232.03, bull flag at $162.69.
  • 52 weeks 36% below its 52-week high of $259.92 and 37% above its 52-week low of $121.99.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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