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QUALCOMM Incorporated (QCOM) Corporate Logo

QUALCOMM Incorporated (QCOM) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Semiconductors

QUALCOMM Incorporated (QCOM) Profile & Business Summary

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA,LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.

Key Information

Ticker QCOM
Exchange NASDAQ
Official Site https://www.qualcomm.com
CIK Number 0000804328
View SEC Filings

Market Trend Overview for QCOM

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-03-25 (ET)

As of 2026-03-25, QCOM is moving sideways without a clear direction. Over the longer term, the trend remains bearish.

QCOM last closed at 130.35. The price is about 0.4 ATR below its recent average price (132.08), and the market is currently in a sideways market without a clear direction. Price at 130.35 is moving between minor support near 124.28 and minor resistance near 133.97. Direction remains unclear. View Support & Resistance from Options

The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.

Trend Alignment Summary

Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still negative, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear risk level acting as a key boundary right now.

Recent Trend Signal

On 2026-01-13, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Unusual Price Movement

[2026-03-11] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-03-25 (ET)
Next-session outlook for 2026-03-26 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because predictability is still too low and price is still close to a gamma transition zone. Predictability is 30%, agreement is 62%, and reversal risk is 29%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-03-25 (ET)

This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is modestly below the recent estimated cost basis of 132.70, so the recent structure is still leaning somewhat under pressure. Price is below the main cost band (130.54 to 131.87), and roughly 75% of recent positioning remains under water. That means rebounds can still run into supply from trapped holders. The lower down support area sits around 128.26 to 128.93. It looks more like a first buffer than a major floor. Recent trading is fairly concentrated, so the nearby heavy zones may matter more than usual. From a trading point of view, this setup remains tougher until price can reclaim the lower edge of the main cost band near 130.54.

Short Interest & Covering Risk for QCOM

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.94

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 3.51%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) -5.21%
20-Day Return -10.61%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

QCOM Short positioning looks normal. Current days to cover is 4.2 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. Price is already trending lower (20D return -10.6%). The current configuration reflects active downside pressure rather than latent structural fragility.

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. In the latest reporting period, short interest continues to increase. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-02-27 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules