D-WAVE QUANTUM INC (QBTS) Stock Technical Analysis
NYSE:QBTS - New York Stock Exchange, Inc. - US26740W1099 - Common Stock
Taking everything into account, QBTS scores 7 out of 10 in our technical rating. In the last year, QBTS was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
QBTS is one of the better performing stocks in the Software industry, it outperforms 99% of 285 stocks in the same industry.
QBTS has an average volume of 77718800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that QBTS is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
QBTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QBTS is lagging the market.
In the last month QBTS has a been trading in the 3.74 - 11.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although QBTS has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
4.19
6.36
We found 1 important support area.
- Support @4.23 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.26 to 6.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.63
Mansfield16.76
10 Day High10.58
10 Day Low3.74
20 Day High11.41
20 Day Low3.74
52 Week High11.41
52 Week Low0.75
Performance
1 Week32.14%
2 Weeks-38.79%
1 Month-1.88%
3 Month500.96%
6 Month531.25%
12 Month662.2%
2 Year400%
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)-0.39
RSI(14)49.8
LBB2.96
UBB10.86
D-WAVE QUANTUM INC
NYSE:QBTS (1/22/2025, 8:04:01 PM)
After market: 6.19 -0.06 (-0.96%)6.25
-0.04 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.64%
1 Week32.14%
2 Weeks-38.79%
1 Month-1.88%
3 Month500.96%
6 Month531.25%
12 Month662.2%
2 Year400%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%26.42%
ATR Inc-38.47%
Range Today1
ADR(20)1.4
ADR(20)%22.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.63
Mansfield16.76
10 Day High10.58
10 Day Low3.74
20 Day High11.41
20 Day Low3.74
52 Week High11.41
52 Week Low0.75
CS1 End4.23
CR1 Start6.26
Volume & EV
DER(3)-3.03%
DER(5)-2.86%
Volume126.92M
Volume Incr30.22%
Vol(5)140.62M
Vol(50)77.72M