Bearish MACD Cross Pressures QCOM at $174.81
BearishQualcomm Inc (QCOM) traded flat at $174.81 on December 29.
Technical indicators paint a mixed picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($175.02). The 21-day EMA sits at $174.69.
Momentum
RSI at 56.2 is in neutral territory. MACD is bearish (1.16 vs signal 1.54).