The moving average convergence divergence (or MACD) refers to the difference between a stock’s long-term and short-term moving averages. A positive figure shows an upward trading trend while a negative figure shows a downward trading trend. Qualcomm (QCOM) recorded an MACD of 0.73 in the last 14 days.
Shareholder returns and stock trends
Qualcomm (QCOM) stock generated a return of ~4.3.% in the trailing-12-month period, compared to an ~6.6% return in the trailing-one-month period. However, QCOM lost ~3.3% in the trailing-five-day period.
In the May 31, 2017, trading session, Qualcomm’s stock price closed at $57.30, close to its mid–Bollinger Band of $56.00. This implies that the stock is neither oversold nor overbought.
A stock is considered overbought if it’s trading close to the upper Bollinger Band and is considered oversold if it’s trading close to the lower Bollinger Band.
Qualcomm’s price multiples
On May 31, Qualcomm (QCOM) was trading at a forward EV-to-EBITDA[1. enterprise value to earnings before interest, tax, depreciation, and amortization] multiple of ~10.3x.