• QCOM’s 3% weekly decline and rising short interest are bullish indicators, as the stock tends to rebound post-earnings when short selling increases.

• The stock typically moves 6% on earnings, and options are pricing in that volatility. Our signal is moderately strong compared to this risk.

• QCOM is set to report earnings today. The stock is up 15% year-to-date, currently trading at $179.

• It typically sees a 6% post-earnings move, which is already priced into the options market.

• Both equity positioning models and short interest analytics are signaling bullish outcomes, supported by historical shorting data and reversal patterns.

• This week’s 3% decline is a bullish indicator, as QCOM often reverses after short-term dips ahead of earnings. The rise in short interest data reinforces this outlook —since data shows that short bets have been wrong.

• Short interest has climbed throughout the year — occasionally alongside the stock price — a classic reversal pattern known as shorting on the way up.

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