QORVO INC (QRVO)

US74736K1016 - Common Stock

68.5  -2.45 (-3.45%)

After market: 68.61 +0.11 (+0.16%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to QRVO. QRVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than QRVO.
QRVO is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 85% of 108 stocks in the same industry do better.
QRVO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month QRVO has a been trading in the 64.54 - 71.77 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
QRVO has an average volume of 2034990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
QRVO Weekly chart
QRVO Daily chart
Setup Rating and Analysis

8

QRVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 69.13. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

64.94

105.93

We found 1 important support area.

  • A support zone ranging from 65.60 to 65.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 69.13 to 69.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @70.95 from a horizontal line in the daily time frame.
  • Resistance @85.21 from a trend line in the daily time frame.
  • Resistance @104.88 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.77
Mansfield-3.93
10 Day High71.32
10 Day Low64.54
20 Day High71.77
20 Day Low64.54
52 Week High130.99
52 Week Low64.54
Performance
1 Week-0.81%
2 Weeks-2.25%
1 Month3.35%
3 Month-33.01%
6 Month-39.66%
12 Month-39.17%
2 Year-24.43%
3 Year-56.2%
5 Year-41.07%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.92
RSI(14)38.68
LBB67.86
UBB71.22
QRVO Daily chart

QORVO INC

NASDAQ:QRVO (12/18/2024, 8:00:01 PM)

After market: 68.61 +0.11 (+0.16%)

68.5

-2.45 (-3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.45%
1 Week-0.81%
2 Weeks-2.25%
1 Month3.35%
3 Month-33.01%
6 Month-39.66%
12 Month-39.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.3
ATR(20)%3.2%
ATR Inc
Range Today3.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.32
10 Day Low64.54
20 Day High71.77
20 Day Low64.54
52 Week High130.99
52 Week Low64.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.85M
Volume Incr38.31%
Vol(5)2.76M
Vol(50)2.03M