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

Auto-detected technical analysis for QCOM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$162.67last close · Aug 4, 202652-week range $121.99 – $259.92 · 37.42% below the high
Falling Wedge · playing out now

QCOM is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 59% of the time.

As long as price stays below $178.7, it's in play — a daily close back above there calls it off.

The move's natural target sits near $112.8.

QCOM Falling Wedge Pattern

QCOM is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$112.78Projected move−27.6%Breakout level$162.00

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
QCOM win rate
52.9%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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-1.03R
Rising WedgeMay 30, 2025 @ $147.92Jun 10, 2025 @ $159.13Loss-1.37R
TriangleMay 8, 2025 @ $145.64Nov 4, 2025 @ $172.84Win+2.53R
Rising WedgeJan 21, 2025 @ $166.88Feb 27, 2025 @ $154.44Loss-1.03R
Falling WedgeJan 3, 2025 @ $158.10Feb 3, 2025 @ $170.24Win+1.40R
Falling WedgeDec 24, 2024 @ $158.64Feb 3, 2025 @ $170.24Win+1.26R
Falling WedgeNov 20, 2024 @ $161.40Apr 3, 2025 @ $147.45Win+0.67R
TriangleOct 31, 2024 @ $167.62Dec 19, 2024 @ $150.52Win+1.91R
Rising WedgeOct 21, 2024 @ $169.57Nov 20, 2024 @ $156.11Win+1.31R
TriangleOct 25, 2023 @ $107.53Nov 2, 2023 @ $117.36Loss-1.43R
TriangleOct 9, 2023 @ $111.28Oct 25, 2023 @ $104.78Loss-1.42R
TriangleDec 15, 2022 @ $120.25Jan 23, 2023 @ $131.03Loss-1.40R

QCOM Support and Resistance Levels

Price was turned away at a ceiling near $238.76 about 6 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $101.93 — still about 37% away.

  • Traders commonly watch $101.93 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $238.76 ceiling about 6 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $130.61, resistance near $202.04. These are chart/swing-derived levels, not formula pivots.

Resistance
$202.04$247.10$248.06$259.96$389.06$465.00
Support
$130.61$123.07$121.71$102.08

QCOM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$156.98$163.48$155.31$162.67
Aug 3, 2026$146.20$151.68$142.89$151.57
Jul 31, 2026$152.96$153.73$146.15$147.61
Jul 30, 2026$146.55$154.16$146.00$151.60
Jul 29, 2026$162.58$164.56$155.00$155.68
Jul 28, 2026$164.90$167.92$162.16$162.88
Jul 27, 2026$169.77$171.19$165.29$170.04
Jul 24, 2026$169.69$171.10$165.77$166.97
Jul 23, 2026$171.18$173.95$168.31$171.11
Jul 22, 2026$170.71$178.65$170.60$175.63

QCOM Frequently Asked Questions

What chart pattern is QCOM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Qualcomm (QCOM) on the daily chart, with a measured-move target of $112.78.
Is a falling wedge bullish or bearish?
The falling wedge detected on QCOM is a bearish pattern, projecting a measured-move target of $112.78. 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for QCOM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), QCOM's nearest support is around $130.61 and nearest resistance around $202.04.
What is the price target if QCOM's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $112.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was QCOM's closing price on Aug 4, 2026?
Qualcomm (QCOM) last closed at $162.67 on Aug 4, 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.