U.S. Markets open in 2 hrs 28 mins

Qualcomm’s Moving Average Shows a Near-Term Downtrend

Paige Tanner
Qualcomm’s Moving Average Shows a Near-Term Downtrend

Qualcomm (QCOM) stock was very volatile in the first ten months of 2018 due to macro and company-specific factors. Three companies that influenced Qualcomm stock were Intel (INTC), Apple (AAPL), and NXP Semiconductors (NXPI). Among the four stocks, Qualcomm was the most volatile with a three-year monthly beta of 1.68—compared to Intel’s 0.8, Apple’s 1.21, and NXP Semiconductors’ 1.14.