Is There a Light at the End of the Tunnel for Qualcomm Stock? What Options Data, Technicals Tell Us.

Qualcomm (QCOM) stock is slipping on Feb. 5, after the semiconductor giant issued disappointing Q2 guidance, citing a global memory shortage it believes will remain an overhang on smartphone production in 2026. At the time of writing, QCOM shares sit decisively below their key moving averages (MAs), signaling the downward pressure is unlikely to subside anytime soon. More News from Barchart Still, the relative strength index (RSI) and options data warrants buying Qualcomm stock, now down 25% versus its ...