May 25, 2026 at 9:01 PM
•
$106.43
(+8.90%)
The stock of Qorvo Inc (QRVO) climbed 8.90% to close at $106.43 on May 25.
Chart analysis reveals a bullish configuration:
Moving Averages
The stock holds above both the 9-day ($96.78) and 21-day ($92.61) EMAs, confirming the uptrend.
Momentum
RSI at 74.5 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (4.08 vs signal 3.13).
Volatility
Price is extended above the upper Bollinger Band ($102.24), suggesting possible mean reversion.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Key levels to watch: Support at $82.89, Resistance at $102.24.