Qualcomm(QCOM)

Qualcomm (QCOM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for QCOM · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$175.63last close · Jul 22, 202652-week range $121.99$259.92 · 32.43% below the high
Falling Wedge · playing out now

QCOM just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 55% of the time.

As long as price stays above $172.1, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $223.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

QCOM Falling Wedge Pattern

QCOM is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$223.60Projected move+28.6%Breakout level$172.33

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
QCOM win rate
57.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

QCOM Pattern Trade History

Every completed pattern trade our nightly backtest found on QCOM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 11, 2025 @ $157.80Sep 16, 2025 @ $164.14Loss+11.2% · -1.03R
Rising WedgeMay 30, 2025 @ $147.92Jun 10, 2025 @ $159.13Loss+16.0% · -1.37R
TriangleMay 8, 2025 @ $145.64Nov 4, 2025 @ $172.84Win+27.4% · +2.53R
Rising WedgeJan 21, 2025 @ $166.88Feb 27, 2025 @ $154.44Loss+7.5% · -1.03R
Falling WedgeJan 2, 2025 @ $157.32Feb 3, 2025 @ $170.24Win+10.6% · +1.64R
Falling WedgeNov 20, 2024 @ $161.40Apr 3, 2025 @ $147.45Win+9.1% · +0.67R
TriangleOct 31, 2024 @ $167.62Dec 19, 2024 @ $150.52Win+11.5% · +1.91R
Rising WedgeOct 21, 2024 @ $169.57Nov 20, 2024 @ $156.95Win+8.9% · +1.23R
TriangleDec 14, 2022 @ $120.54Jan 23, 2023 @ $131.03Loss+23.1% · -1.42R
Falling WedgeSep 27, 2022 @ $118.83Jan 23, 2023 @ $131.03Loss+14.6% · -1.11R
Falling WedgeAug 24, 2022 @ $140.25Sep 1, 2022 @ $128.37Win+9.2% · +0.94R
Falling WedgeJun 13, 2022 @ $127.41Jul 19, 2022 @ $147.37Loss+14.8% · -1.06R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

QCOM Support and Resistance Levels

Price is bouncing off a floor near $171.22 and starting to climb. On the weekly chart, the next ceiling overhead sits near $339.27 — about 93% away.

  • Traders commonly watch $339.27 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $171.22 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

QCOM Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$170.71$178.65$170.60$175.63
Jul 21, 2026$175.49$175.49$170.14$173.50
Jul 20, 2026$175.55$176.25$169.90$170.32
Jul 17, 2026$166.64$172.39$164.77$171.78
Jul 16, 2026$173.08$173.96$168.99$170.61
Jul 15, 2026$180.00$180.71$174.76$177.98
Jul 14, 2026$189.33$189.99$177.45$178.10
Jul 13, 2026$185.06$188.16$181.81$183.98
Jul 10, 2026$187.51$190.19$185.72$189.16
Jul 9, 2026$192.47$196.09$187.44$191.11

QCOM Frequently Asked Questions

What chart pattern is QCOM forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Qualcomm (QCOM) on the daily chart, with a measured-move target of $223.60.
Is a falling wedge bullish or bearish?
The falling wedge detected on QCOM is a bullish pattern, projecting a measured-move target of $223.60. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if QCOM's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $223.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was QCOM's closing price on Jul 22, 2026?
Qualcomm (QCOM) last closed at $175.63 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.