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Qualcomm, Inc. Breaks Below 200-Day Moving Average - Notable for QCOM
By Dividend Channel Staff, Wednesday, May 30, 12:10 PM ET
In trading on Wednesday, shares of Qualcomm, Inc. (NASDAQ:QCOM) crossed below their 200 day moving average of $57.44, changing hands as low as $56.87 per share. Qualcomm, Inc. shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of QCOM shares, versus its 200 day moving average:
Looking at the chart above, QCOM's low point in its 52 week range is $45.98 per share, with $68.87 as the 52 week high point — that compares with a last trade of $57.70.
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According to the ETF Finder at ETF Channel, QCOM makes up 10.17% of the iShares S&P North American Technology-Multimedia Networking Index Fund ETF (AMEX:IGN) which is trading lower by about 2% on the day Wednesday.
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