QCOM — Double Bottom

94% ConfidenceDetected Jun 16

Signal Snapshot

As of June 16, 2026, QCOM is showing a Double Bottom pattern with 94% confidence on the daily timeframe. SCTR 13.5 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $215.75 · Target $228.79 · Stop $207.69.

EdgeOS Levels — QCOM

Close
$220.81
Buy Trigger
$215.75
+1 ATR Target
$228.79
Stop
$207.69
SCTR
13.5
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
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Other Patterns — QCOM
Bull FlagBear FlagBull PennantBear PennantAscending TriangleDescending TriangleSymmetrical TriangleHead and Shoulders

Frequently Asked Questions

Is QCOM showing a Double Bottom pattern?

Yes. QCOM is currently showing a Double Bottom pattern with 94% confidence on the daily timeframe (detected 6/16/2026).

What is the confidence level for the QCOM Double Bottom?

The QCOM Double Bottom has a confidence score of 94%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for QCOM?

QCOM's EdgeOS buy trigger is $215.75, target $228.79 (Saty ATR +1), stop below $207.69.

How often does the Double Bottom succeed?

The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice