Qorvo price rallies - Forecast today - 16-09-2026

Phillips 66 (PSX) resumed its advance in recent intraday trading, with the primary medium-term uptrend remaining firmly in control. Price action continues to follow a minor short-term ascending trendline that supports the prevailing bullish bias, while continued trading above the 50-day Simple Moving Average (SMA) provides positive dynamic support and strengthens the prospects for extending these gains in the near term. The stock has also successfully worked off some of its overbought conditions on the momentum indicators, providing greater room for targeting new resistance levels.

IQVIA Holdings Inc. (IQV) extended its gains in recent intraday trading as the stock challenges the key resistance level at $271.70. The stock continues to benefit from trading above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and reinforcing the stability and dominance of the primary short-term uptrend. Price action also continues to follow an ascending trendline that supports the prevailing bullish bias. Meanwhile, momentum indicators are beginning to form a bullish divergence after reaching extremely oversold levels relative to the stock's price action, with fresh bullish signals also starting to emerge.

F5, Inc. (FFIV) posted strong gains in recent intraday trading, benefiting from its breakout above the resistance of its 50-day Simple Moving Average (SMA), which relieved a key source of negative pressure and helped drive the latest advance. The stock is now preparing to challenge the key resistance level at $435.00, supported by continued bullish signals from the momentum indicators. The primary short-term uptrend also remains in control, with price action continuing to follow major and minor ascending trendlines that support the prevailing bullish bias.