Qualcomm QCOM technical analysis

QCOM trades at $168.61, down 1.16% over 24 hours, with RSI14 at 68 on the 4h and 66 on the 1D, showing strong but not extreme momentum. Price sits above both SMA20s (165.337 on 4h, 164.349 on 1D), though the daily SMA50 at 168.898 and SMA200 at 167.847 mark a mixed trend.

Price is pinned between 4h support 166.479-166.986, touched four times, and 4h resistance 168.617-169.123, touched once. A rising support trendline near 165.865 on the 4h and 165.123 on the 1D underpins the zone, while 4h resistance 170.63-172.12 has three touches.

Bulls need a sustained push above 168.617-169.123, opening the path toward 170.63-172.12. Bears need a break below 166.479-166.986, then the trendline and 164.747-165.253 support zone to weaken the setup.