D-WAVE QUANTUM INC (QBTS) Stock Technical Analysis
NYSE:QBTS - New York Stock Exchange, Inc. - US26740W1099 - Common Stock - Currency: USD
Overall QBTS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QBTS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
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. We also observe that the gains produced by QBTS over the past year are nicely spread over this period.
QBTS is one of the better performing stocks in the Software industry, it outperforms 98% of 284 stocks in the same industry.
In the last month QBTS has a been trading in the 5.22 - 8.22 range, which is quite wide. It is currently trading near the high of this range.
QBTS has an average volume of 92714500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
5.56
7.47
We found 2 important support areas.
- Support @5.86 from a trend line in the daily time frame.
- Support @5.62 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.40 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.04
Mansfield17.21
10 Day High8.22
10 Day Low5.31
20 Day High8.22
20 Day Low5.22
52 Week High11.41
52 Week Low0.75
Performance
1 Week11.54%
2 Weeks21.04%
1 Month20.23%
3 Month147.44%
6 Month577.57%
12 Month305.03%
2 Year943.17%
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)0.16
RSI(14)58.68
LBB5.1
UBB7.31
7.25
-0.14 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.89%
1 Week11.54%
2 Weeks21.04%
1 Month20.23%
3 Month147.44%
6 Month577.57%
12 Month305.03%
2 Year943.17%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%9.99%
ATR Inc49.92%
Range Today1.09
ADR(20)0.71
ADR(20)%9.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.04
Mansfield17.21
10 Day High8.22
10 Day Low5.31
20 Day High8.22
20 Day Low5.22
52 Week High11.41
52 Week Low0.75
CS1 End5.86
CR1 Start7.4
Volume & EV
DER(3)1.89%
DER(5)-0.11%
Volume93.36M
Volume Incr4.78%
Vol(5)81.60M
Vol(50)92.71M