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QCOM Makes Bullish Cross Above Critical Moving Average

By Dividend Channel Staff, Friday, June 30, 4:33 PM ET
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In trading on Friday, shares of Qualcomm Inc (NASDAQ:QCOM) crossed above their 200 day moving average of $118.99, changing hands as high as $119.86 per share. Qualcomm Inc shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of QCOM shares, versus its 200 day moving average:

Qualcomm Inc 200 Day Moving Average Chart

Looking at the chart above, QCOM's low point in its 52 week range is $101.47 per share, with $156.66 as the 52 week high point — that compares with a last trade of $119.04. The QCOM DMA information above was sourced from TechnicalAnalysisChannel.com


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