Is It Good Time to go for QUALCOMM Incorporated (QCOM), Brookdale Senior Living Inc. (BKD)?

QUALCOMM Incorporated (NASDAQ: QCOM) experienced a high price of $55.94 with a low value of $55 at the end of the last trading session, which …

QUALCOMM Incorporated (NASDAQ: QCOM) experienced a high price of $55.94 with a low value of $55 at the end of the last trading session, which followed after a gain of 1.00% and settled at $55.39 during the course of the last 24 hours for the day. Respectfully, the company now has 1.22B shares after the latest changes, so the present market capitalization sits at $67.66B. The trading volume of QUALCOMM Incorporated shares went over 9,177,128 in a single day during the last trading session in comparison to the average volume of QCOM, usually circulating around 15.30M.

During the course of the last year, the stock has touched a high of $76.50 and a low of $48.56, which as a result has the increased attention of top market experts who are tracking the progress of the asset as it is getting closer to a notable historic high price or low value.

Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $4.34 per share. In the preceding year, the company reportedly generated EPS of $1.51 per share of its common stock. The profitability indicators are showing that this organization has an operating margin of 6.10%, a profit margin of 10.00%, and a gross margin of 56.70%.

If we were to do a comparison between the current price and its previous movement in the market, we can easily conclude that the price went to a positive change, going up by +0.59 in the past five trading days, which resulted in a percentage change of +1.08% and a moving average of 54.43. In the past 20 days, its price changed by +3.73, which means that the stock’s moving average was 53.32. Looking back at a cycle of the last 50 days, shares of QCOM changed by -$1.42 (which is -2.50%) and demonstrated a moving average of 53.34. Meanwhile, this stock’s MACD Oscillator was 0.54 over the past 9 days, and 0.97 over the past two weeks, also marking 1.54 in the period of the last 20 days.

Brookdale Senior Living Inc. (NYSE:BKD)’s shares demonstrated a change of -1.85% during the most recent trading session, ending the trading day at the price of $6.91 with a 24-hour trading volume that reached 9,605,645 – compared to its average trading volume of as 2.15M, as recorded over the past three months. With that closing price, the market capitalization of this company is now sitting at $1.26B. The moving average for last 20 days of Brookdale Senior Living Inc. is at -1.80%, while the average went down by -7.42% during the last 50 days with -18.53% recorded during the last 200 days. Additionally, this stock’s distance from its 52-week high price is currently down by -31.58%, while it’s sitting 13.65% away from its 52-week low price.

When you are considering investing in stocks, it is wise to consider counting in Wall Street analysts’ target prices, which should help you place a more profitable investment. The price targets can provide you with an idea of the predicted movement of stocks you are interested in. At the moment, the price target set for Brookdale Senior Living Inc. is $9.43.

Traders use the ATR to analyze potential exit and entry points, as it represents a useful tool in almost any trading strategy. ATR for this stock is sitting at 0.30. Beta tells us about a stock’s volatility, also known as its systematic risk, compared to the market overall. The current beta value for BKD is 1.70, while for the past seven days, this stock’s volatility was 3.77%, also recording 4.09% for the past 30-day period.

Professionals on Wall Street also frequently check the Relative Strength Index (RSI) of a potential investment, which tells us the speed and change of a stock’s price movement in the market. RSI is expressed on a scale of 0 to 100. If the indicators are set higher above 70, then the RSI factors are indicating that the stocks are overbought. The factors will indicate that a stock is oversold if the result is set below 30. Right now, Brookdale Senior Living Inc. (BKD) has an RSI of 44.82 – indicating that the asset is being neither overbought nor oversold.

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CME Group Inc (CME) Price Holds Above Ichimoku Cloud

Shares of CME Group Inc (CME) opened the last session at 170.89, touching a high of 171.81 and a low of 168.133 , yielding a change of -0.68.

Shares of CME Group Inc (CME) opened the last session at 170.89, touching a high of 171.81 and a low of 168.133 , yielding a change of -0.68. The latest reading places the stock below the Ichimoku cloud which indicates negative momentum and a potential sell signal for the equity.

Investors who have stayed on the sidelines may be considering if the markets will continue to rally higher. Staying vigilant and watching for signs of the next bear may prove to be a crucial element for helping to guide certain portfolio moves. Keeping an eye on historical corrections as well as sentiment and technicals, may help provide the proper insight needed. Investors may be mindful of any meaningful pullback or correction, and they may have a certain percentage in mind for when things seem to be getting out of hand. Cautious optimism may prove to be a profit saver when the bearish winds start to blow. Investors may need to figure out a plan for when to take some profit off the table. Conducting thorough fundamental research on stocks even after they have broken out may help the investor understand the reason behind the move, and whether it is likely to continue or if it is just a temporary spike.

The Ichimoku cloud is a favorite technical indicator used primarily in Asian markets. The cloud is one of the only indicators that is both forward and backward looking. The cloud produces better levels of support and resistance and is a breakout trader’s best friend. The cloud is also one of the easiest indicators to use. Any trader, regardless of skill level or expertise, can use the cloud to quickly and efficiently analyze any product on any time frame. The cloud shines in the fact that it can be universally applied to any trading plan by any trader.

It is a type of chart used in technical analysis to display support and resistance, momentum, and trend in one view. TenkanSen and KijunSen are similar to moving averages and analyzed in relationship to one another. When the shorter term indicator, TenkanSen, rises above the longer term indicator, KijunSen, the securities trend is typically positive. When TenkanSen falls below KijunSen, the securities trend is typically negative. TenkanSen and KijunSen as a group are then analyzed in relationship to the Cloud, which is composed of the area between Senkou A and Senkou B. A multi-faceted indicator designed to give support/resistance levels, trend direction, and entry/exit points of varying strengths. General theory behind this indicator states that if price action is above the cloud, the overall trend is bullish, and if below the cloud, the overall trend is bearish. There are also moving averages (the Tenkan and Kijun lines) which act like the MACD crossover signals with the Tenkan crossing from underneath the Kijun as a bullish signal, while crossing overhead giving a bearish signal.

Checking on some popular technical levels, CME Group Inc (CME) has a 14-day Commodity Channel Index (CCI) of -111.14. The CCI technical indicator can be employed to help figure out if a stock is entering overbought or oversold territory. CCI may also be used to help discover divergences that may signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may provide an oversold signal.

Accumulating knowledge about the stock market can be a big part of the investment planning process. Proper allocation of equity investments is also an important factor. Finding the proper mix of stocks may end up being more important than the single stocks added to the portfolio. Determining the correct asset allocation can depend on variables such as risk appetite and financial goals. These goals may be short-term, medium term, or longer-term. Investors will often have to determine how aggressive they will be when buying stocks. This can also depend on the overall time horizon and risk tolerance. Some investors might be unfazed by continuous market fluctuations. Others may be much more sensitive, and they may need to adjust their plans accordingly.

Tracking other technical indicators, the 14-day RSI is presently standing at 31.84, the 7-day sits at 21.03, and the 3-day is resting at 4.72 for CME Group Inc (CME). The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.

Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Currently, the 7-day moving average is sitting at 172.17.

Let’s take a further look at the Average Directional Index or ADX. The ADX measures the strength or weakness of a particular trend. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for CME Group Inc (CME) is currently at 23.53. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.

Investors may be searching for stocks that are undervalued. Scanning the markets during obvious pullbacks may be one strategy, but it may take a more concerted effort to identify these names if the market decides to climb further. Getting caught up in the details from news and various economic reports may leave the average investor dizzy and confused. Focusing on the most important data sets may be helpful when trying to muffle all the noise. Heading into the next quarter, investors will be watching which companies are experiencing positive earnings momentum. Often times, earnings that vastly beat expectations may cause the stock to skyrocket. Filling the portfolio with stocks experiencing positive earnings momentum may be a popular choice. Investors may want to look a little bit deeper into the situation to make sure that the momentum is justified. Some investors may already be adept at figuring this out while others may need to put in a bit more work.

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Direct Line Insurance Gr (DLG.L) Shares Placed Under the Microscope

Direct Line Insurance Gr (DLG.L) touched 358.80 on a recent bid indicating that the Tenkan line is still hovering above the Kijun Sen. This represents …

Direct Line Insurance Gr (DLG.L) touched 358.80 on a recent bid indicating that the Tenkan line is still hovering above the Kijun Sen. This represents bullish momentum for the shares. Whether or not the shares are ready to break out further is yet to be seen.

The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line). A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen. The Ichimoku Kinko Hyo system includes five kinds of signal, of which this site highlights the most recent of each for each ticker.

The Ichimoku signals, including all Ichimoku elements, should never be taken in isolation, but considered in the context of the overall chart. Ichimoku Kinko Hyo is a visual technical analysis system and the charts are designed to be considered in their entirety, with regard given to the relationships between all of the elements, including the price. As such, Ichimoku is not suitable for automated or “single event” decision making.

There are plenty of different types of stocks that investors have to choose from. Some will opt to be more aggressive with their portfolios while others will choose to play it a bit safer. Blue chip stocks include companies that typically have a high market cap and have been profitable over a long period of time. Growth stocks are typically expected to have a high P/E ratio and a low dividend yield. The idea is that a growth stock will continue to expand and grow into the future. Many investors will be searching for value stocks. Value stocks are typically cyclical in nature and investors may be looking to buy and hold these types rather than try to squeeze out some short-term profits.

Active traders have a wide range of additional technical indicators at their disposal for when completing technical stock analysis. Currently, the 14-day ATR for Direct Line Insurance Gr (DLG.L) is spotted at 5.01. First developed by J. Welles Wilder, the ATR may assist traders in determining if there is heightened interest in a trend, or if extreme levels may be signaling a reversal. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.

Checking in on some other technical levels, the 14-day RSI is currently at 64.13, the 7-day stands at 65.85, and the 3-day is sitting at 79.74. The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.

Another technical indicator that may be a powerful resource for determining trend strength is the Average Directional Index or ADX. The ADX was introduced by J. Welles Wilder in the late 1970’s and it has stood the test of time. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. At the time of writing, the 14-day ADX for Direct Line Insurance Gr (DLG.L) is noted at 18.35. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. Direct Line Insurance Gr (DLG.L) currently has a 14 day Williams %R of -11.88. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. Levels above -20 may indicate the stock may be considered is overbought. If the indicator travels under -80, this may signal that the stock is oversold. Chart analysts may also use the indicator to project possible price reversals and to define trends.

Direct Line Insurance Gr (DLG.L) currently has a 14-day Commodity Channel Index (CCI) of 113.85. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

As we close in on the end of the calendar year, investors may be trying to visualize potential trades for the New Year. There are many professionals that believe that there is still plenty of room for stocks to run even at current levels. Preparing the game plan for the next few quarters may give the investor some new ideas. Staying focused and maintaining discipline may help guide the investor to unchartered territory in the coming months. Tracking market events from multiple angles may also help provide some enhanced perspective.

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Stock calls by Tradebulls Securities: Sell JSPL Future, LIC Housing Fin Fut

Nifty seems to have hit the overbought zone as most of the key indicators are displaying signs of extreme optimism. On the daily scale, the occurrence …

Nifty seems to have hit the overbought zone as most of the key indicators are displaying signs of extreme optimism. On the daily scale, the occurrence of a ‘Hanging Man’ formation alongwith its corresponding relative strength index (RSI) value quoting around 75 compliments the over optimism. Market breath, too, has been in favour of declines as the advance-decline ratio has been tilting in favour of the declines since last couple of days.

The bullish baton has been with some of the key largecap names while profit booking in mid-caps has been evident. On the derivative end, the highest CE OI concentration still rests firm at 11,500 which could cap the upside for time being while the incremental supports now stand around 11,200-11,100 zone. Though on the absolute price, the reversal is not established. Hence, the setup looks ideal for booking profits and await for a meaningful decline or time consolidation for any fresh long commitments. 11,340-11,500 zone seems like the termination zone of the ongoing upmove which commenced from 10,580. Hence, traders are advised to refrain from fresh longs and book profits in their existing positions.

SELL: JSPL Futures

‘Double Top’ formation around its 200-double exponential moving average (DEMA) alongwith a negative divergence on the daily RSI is a compelling reason for some short-term bearish commitments. Incremental activity in 180 CE strike which stands with the highest concentration could be the immediate headwind for the next few days. Trading shorts could be deployed within the range of Rs 168-172 with a stop above Rs 175 with an anticipation of a pullback move towards its 20-DEMA placed around Rs 160.

SELL: LIC Housing Finance Futures

Consecutive Inverse Hammers near the upper end of the ongoing rising channel pattern could be a trigger for a mean reversion play. Shorts could be considered on a breach below Rs 500 with a stop above Rs 512 for an initial positional target upto Rs 470.


Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

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Share Spotlight on ETFS Equity Securities L (UK3S.L): Technicals in Focus

Investors are paying close attention to the charts of ETFS Equity Securities L (UK3S.L), as the shares are holding above the MACD Histogram zero line …

Investors are paying close attention to the charts of ETFS Equity Securities L (UK3S.L), as the shares are holding above the MACD Histogram zero line. The equity recently moved -2.70, touching 252.10 on a recent tick.

MACD-Histogram bridges the time gap between the price movement and MACD. It offers a deeper insight into the balance of power between so called bulls and bears than the original MACD. It is one of the best tools available to a chartist because it shows not only who has control over the market but also their magnitude of strength.

The difference is represented by vertical lines in a series. The interesting fact is that like MACD, MACD-Histogram also fluctuates above and below the zero line. Hence, it is also known as an “oscillator”. In other words it is just the hide and seek between the fast and slow lines. If the fast line is above the slow line, MACD-Histogram is positive and plotted above the zero line. On the other hand if the fast line is below the slow line, MACD-Histogram is negative and plotted below the zero line.

Investors might be looking at portfolio performance for the year and celebrating some big winners. Knowing the proper time to sell big winners can be just as important as knowing when to trim losses and cut out the losers. Investors may have become attached to a certain winning stock that nobody else seemed to notice. Holding on to a winner based on some type of emotion may end up hurting the portfolio down the line. Periodically reviewing the portfolio and tweaking the balance may be necessary to help maintain profits over the next year. Maybe there are some new names that seem poised to make a jump. Taking some profits from previous winners might help provide a boost of confidence to help the investor pull off the next big trade.

Additional Technical Review

ETFS Equity Securities L (UK3S.L)’s Williams Percent Range or 14 day Williams %R is currently sitting at -92.19. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

We can also take a look at the Average Directional Index or ADX of ETFS Equity Securities L (UK3S.L). The ADX is used to measure trend strength. ADX calculations are made based on the moving average price range expansion over a specified amount of time. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The 14-day ADX presently sits at 15.11. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. At the time of writing, the 14-day Commodity Channel Index (CCI) is -81.38. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

A commonly used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA for ETFS Equity Securities L (UK3S.L) is sitting at 268.83. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is presently standing at 39.03, the 7-day is 36.20, and the 3-day is resting at 22.77.

For any technician, the trend is a major aspect of stock trading. The trend is the dominant movement in direction of a stock’s price. When discussing the trend in terms of stock price, the assumption is that the trend is expected to continue over a certain period of time. Obviously there is no guarantee that a defined trend will continue, but technical analysts will scour the charts looking for signs of a developed trend to help make the best possible decisions. Seasoned chart watchers are typically able to spot if a trend is up, down, or sideways. Learning how to trade the trend is another part of the process that traders may spend years perfecting.

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