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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (52766)	12/6/1999 4:35:00 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 152472

Ruff, you mean this?> During the most recent trading session, QCOM posted a new fifty-two week high at 401.375. The last trade for QCOM was 394.750 with volume of 4,898,600 shares. The new fifty-two week high for QCOM may clear the way for a new leg in its current uptrend. 77% of the stock's thirty-day average volume has been traded in the most recent session. QCOM is in a strong uptrend with a significant positive divergence from the 200-day moving average line. The moving average describes the price trend of a stock over specific period 200 days in this case. When a stock's price is significantly above this line, it has recently posted strong gains and may soon consolidate, or pull back, before resuming its uptrend. With a significant positive divergence from the 50-day moving average line, QCOM is posting strong positive gains. The stock may consolidate briefly in the short-term before the next upleg in its current trend as some investors might consider it overbought at this time. The 50-day moving average line is a reliable intermediate-term indicator the greater the divergence from this line, the more profits there are to be had for short-term players. If the stock pulls back on decreasing volume and volatility in the near-term, this is a positive sign that QCOM will experience an uptrend. QCOM's figures currently rest substantially above its 10-day moving average line. A strong positive divergence from this point of reference indicates that the stock might be overbought in the short-term and that a consolidation or pullback may be in order. If the stock is below its 50 or 200-day moving average lines, but above the 10-day line, this is a sign of short-term strength and signals growing momentum. If this positive divergence occurs on heavy relative volume a trend reversal might be underway. If, however, QCOM is significantly above all three of these moving average lines, the stock may be destined for a strong uptrend. Market timing (in any scenario) requires a sophisticated understanding of a stock's relationship to moving average lines. Considering other technical indicators in conjunction with moving average lines is also useful. QCOM is exhibiting long-term growth potential. The stock posted substantial gains over the past six months and is showing a positive divergence from the 200 and 50-day moving average lines, thereby suggesting a strong uptrend. The stock is looking to continue it's current long-term trend. The short-term technical ranking for QCOM, as measured by a combination of the MACD indicator (Moving Average Convergence Divergence), one week relative performance and the 30 and 10-day moving average ratios, suggests that the stock is consolidating for the short-term. Therefore, QCOM is currently trending sideways. Analyzing the long-term technical ranking for QCOM should help determine whether the stock exhibits future growth potential given its current prices. QCOM is a stock to watch with a gain in short-term technical ranking during the last week. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer.