The stock of QUALCOMM Incorporated (NASDAQ:QCOM) witnessed a 6.38% increase from the 52-week low price of $48.56 it recorded on 2018-04-26. Their shares price went up by $0.83 now trading at $51.66. Even though it is still -48.08% behind the $76.5 high touched on 2018-09-18. The last few days have been good for the stock, as its price has grew by 1.83% during the week. It has also performed poorly over the past three months, as it lost around -11.01% while it has so far retreated around -19.27% during the course of a year. The stock of QCOM recorded -9.23% downtrend from the beginning of this year till date. The 12-month potential price target for QUALCOMM Incorporated is set at $64.74. This target means that the stock has an upside potential to increase by 25.32% from the current trading price.
When giving their opinion, around 42.31% of Wall Street analysts, which represents 11 out of 26 rated the stock as a Buy. 15 brokerage firms of the remaining 57.69% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate QCOM shares held by institutional investors represents 92.6% of total shares. 110 institutions entered new QUALCOMM Incorporated (NASDAQ:QCOM) positions, 598 added to their existing positions in these shares, 826 lowered their positions, and 145 exited their positions entirely.
QUALCOMM Incorporated (QCOM) trade volume has decreased by -0.46% as around 16,670,253 shares were sold when compared with its 50-day average volume of traded shares which is 16,747,836. At the moment, QCOM is witnessing a downtrend, as it is trading -0.56% below its 20-day SMA, -5.91% below its 50-day SMA, and -14.4% below its 200-day SMA. The company runs an ROE of roughly 16.8%, with financial analysts predicting that their earnings per share growth will be around 14.36% per annum for the next five year. This will be compared to the -22.6% decrease witnessed over the past five years.
The first technical resistance point for QUALCOMM Incorporated (NASDAQ:QCOM) will likely come at $52.22, marking a 1.07% premium to the current level. The second resistance point is at $52.79, about 2.14% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $50.45, the lower end of the range. QCOM’s 14-day MACD is 0.48 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 45.4, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 26.64 percent, which is low when compared to that of the 50-day’s 26.72 percent.
The shares of Alibaba Group Holding Limited (NYSE:BABA) has increased by 0.75%, and now trading at $168.71 on the Wall Street in the intra-day deal, with their shares traded now around 8,576,788. This is a decline of -8,221,382 shares over the average 16,798,170 shares that were traded daily over the last three months. The stock that is trading at $168.71 went higher by 30.01% from its 52-week low of $129.77 that it attained back on 2018-12-24. The stock recorded a 52-week high of $211.7 nearly 253 days ago on 2018-06-05.
BABA stock has performed well over the past 30 days, as it added 11.49% while its price climbed by 23.08% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1.82% over the last week. The stock’s 12-month potential target price is now at $204.29. This means that the stock price might likely increase by 21.09% from its current trading price.51 out of 52 Wall Street analysts which represents 98.08% rated the stock as a buy while the remaining 0 rated it as a hold, with 1.92 of analysts rating it as a sell.
Alibaba Group Holding Limited (NYSE:BABA) has been utilizing an ROE that is roughly 15.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 3.81% per year, following the 47.4% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 4.85% above its 20-day SMA, 10.9% above its 50-day SMA, and -0.41% below its 200-day SMA. In percentage terms, the aggregate Alibaba Group Holding Limited shares held by institutional investors is 41.1%. 163 institutions jumped in to acquire Alibaba Group Holding Limited (BABA) fresh stake, 739 added to their current holdings in these shares, 613 lowered their positions, and 156 left no stake in the company.
The stock’s 9-day MACD is -0.71 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 65.11, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 32.85 percent, which is less when compared to that of the 50-day’s 36.9 percent. On the daily chart, we see that the stock could reach the first level of resistance at $169.93, sporting a 0.72% premium to the current level. The next resistance point is at $171.15, representing nearly 1.43% premium to the current market price of Alibaba Group Holding Limited (BABA). On the other hand, failure to breach the immediate hurdles can drag it down to $167.39, the lower end of the range.