Is QUALCOMM, Inc. technically bullish or bearish?
As of June 2, 2025, the market trend is mildly bearish, indicated by daily moving averages and monthly RSI, despite some mildly bullish signals from weekly MACD and KST, with overall indicators suggesting weak bullish momentum.
As of 2 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the monthly RSI showing bearish momentum. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including the MACD and Bollinger Bands, suggest a lack of strong bullish momentum. The Dow Theory also reflects a mildly bearish sentiment on the weekly timeframe. The stock's recent performance shows a decline over the past year compared to the S&P 500, further supporting the bearish outlook.
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