Are There Any Patterns in QUALCOMM Incorporated (QCOM), First Data Corporation (FDC)?

QUALCOMM Incorporated (NASDAQ:QCOM) 14-day RSI (relative strength index) score is 42.48, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 38.91 percent, which is high when compared to that of the 50-day’s 32.99 percent. The first technical resistance point for the stock will likely come at $57.65, marking a 0.94% premium to the current level. The second resistance point is at $58.19, about 1.86% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $55.15, the lower end of the range. QCOM’s 14-day MACD is 1.57 and this positive figure indicates an upward trading trend.

QUALCOMM Incorporated (QCOM) trade volume has increased by 6.92% as around 17,810,769 shares were sold when compared with its 50-day average volume of traded shares which is 16,657,406. At the moment, QCOM is witnessing a uptrend, as it is trading 0.46% above its 20-day SMA, -9.36% below its 50-day SMA, and -6.51% below its 200-day SMA. The company runs an ROE of roughly -27.1%, with financial analysts predicting that their earnings per share growth will be around 10.73% per annum for the next five year. This will be compared to the -22.6% decrease witnessed over the past five years.

The last few days have been good for QUALCOMM Incorporated (NASDAQ:QCOM), as its price has grew by 0.81% during the week. It has also performed poorly over the past three months, as it lost around -18.83% while it has so far retreated around -11.72% during the course of a year. The price of the stock went down by -$0.62 now trading at $57.11. Their shares witnessed a 17.61% increase from the 52-week low price of $48.56 they recorded on 2018-04-26. Even though it is still -33.95% behind the $76.5 high touched on 2018-09-18. The stock of QCOM recorded -10.79% downtrend from the beginning of this year till date. The 12-month potential price target for QUALCOMM Incorporated is set at $68.5. This target means that the stock has an upside potential to increase by 19.94% from the current trading price.

When giving their opinion, around 44.44% of Wall Street analysts, which represents 12 out of 27 rated the stock as a Buy. 15 brokerage firms of the remaining 55.56% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate QCOM shares held by institutional investors represents 92.7% of total shares. 156 institutions entered new QUALCOMM Incorporated (NASDAQ:QCOM) positions, 610 added to their existing positions in these shares, 823 lowered their positions, and 94 exited their positions entirely.

The shares of First Data Corporation (NYSE:FDC) has increased by 1.82%, and now trading at $18.43 on the Wall Street in the intra-day deal, with their shares traded now around 10,548,155. This is a decline of -560,665 shares over the average 11,108,820 shares that were traded daily over the last three months. The stock that is trading at $18.43 went higher by 25.12% from its 52-week low of $14.73 that it attained back on 2018-04-25. The stock recorded a 52-week high of $26.62 nearly 81 days ago on 2018-09-17.

FDC stock has performed well over the past 30 days, as it added 0.16% while its price climbed by 10.29% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -3.56% over the last week. The stock’s 12-month potential target price is now at $27.38. This means that the stock price might likely increase by 48.56% from its current trading price.28 out of 31 Wall Street analysts which represents 90.32% rated the stock as a buy while the remaining 9.68 rated it as a hold, with 0 of analysts rating it as a sell.

First Data Corporation (NYSE:FDC) has been utilizing an ROE that is roughly 50.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 7.82% per year, following the 28.4% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.99% above its 20-day SMA, -11.3% below its 50-day SMA, and -9.54% below its 200-day SMA. In percentage terms, the aggregate First Data Corporation shares held by institutional investors is 95.9%. 84 institutions jumped in to acquire First Data Corporation (FDC) fresh stake, 284 added to their current holdings in these shares, 163 lowered their positions, and 39 left no stake in the company.

The stock’s 9-day MACD is 0.13 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 48.47, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 50.72 percent, which is less when compared to that of the 50-day’s 57.89 percent. On the daily chart, we see that the stock could reach the first level of resistance at $18.77, sporting a 1.81% premium to the current level. The next resistance point is at $19.12, representing nearly 3.61% premium to the current market price of First Data Corporation (FDC). On the other hand, failure to breach the immediate hurdles can drag it down to $17.14, the lower end of the range.