Is QCOM Worth Buying in 2026?

Qualcomm Inc

STOCK RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT Updated 2026-08-23

Here’s whether Qualcomm Inc (QCOM) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: RSI 60 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-6.91% over 10 days); 3-month momentum negative (-32.5%). Currently 38.1% off its 52-week high. Score: -4/7.

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QCOM is trading below its 200-day MA ($168.22) — a key warning sign the longer-term trend is under pressure. An RSI of 60.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +4.3% compares to +20.5% for SPY (trailed the market by 16.2%). The current 38.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $10,430 today
vs. S&P 500 (SPY) — same period trailed market by 16.2%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($168.22)
Above 50-day MA ($178.53)
RSI(14) neutral zone (30–70) — currently 60.3
Positive return (+4.3%)
!Within 10% of period high (−38.1%)
Period Range $160.75
$121.99 $259.92
RSI (14) 60.3
0 · OversoldOverbought · 100

Key Metrics

Price$160.75
Period Return+4.3%
Period High$259.92
Period Low$121.99
Drawdown−38.1%
MA-50$178.53
MA-200$168.22
RSI (14)60.3
Avg Volume (30d)11.5M
vs. SPYtrailed by 16.2%
Return Rank#540 of 999

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