D-WAVE QUANTUM INC (QBTS)

US26740W1099 - Common Stock

7.6  +1.16 (+18.01%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to QBTS. Both in the recent history as in the last year, QBTS has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
QBTS is part of the Software industry. There are 280 other stocks in this industry. QBTS outperforms 98% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
QBTS has an average volume of 41039800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, QBTS did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
QBTS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so QBTS is lagging the market slightly.
In the last month QBTS has a been trading in the 1.97 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
QBTS Weekly chart
QBTS Daily chart
Setup Rating and Analysis

3

Although QBTS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.30

7.68

When analyzing the support we notice one important area.

  • A support zone ranging from 6.36 to 6.45. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.7
Mansfield28.43
10 Day High10.5
10 Day Low3.71
20 Day High10.5
20 Day Low1.97
52 Week High10.5
52 Week Low0.68
Performance
1 Week28.8%
2 Weeks27.27%
1 Month226.9%
3 Month594.41%
6 Month455.17%
12 Month597.57%
2 Year347.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)62.34
LBB1.68
UBB8.97
QBTS Daily chart

D-WAVE QUANTUM INC

NYSE:QBTS (12/23/2024, 12:25:10 PM)

7.6

+1.16 (+18.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg18.01%
1 Week28.8%
2 Weeks27.27%
1 Month226.9%
3 Month594.41%
6 Month455.17%
12 Month597.57%
2 Year347.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%20.15%
ATR Inc131.85%
Range Today0.96
ADR(20)1.29
ADR(20)%17.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.7
Mansfield28.43
10 Day High10.5
10 Day Low3.71
20 Day High10.5
20 Day Low1.97
52 Week High10.5
52 Week Low0.68
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.01%
DER(5)0.83%
Volume64.60M
Volume Incr223.11%
Vol(5)159.73M
Vol(50)41.04M