D-WAVE QUANTUM INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	QBTS
ISIN:

D-WAVE QUANTUM INC. - Weekly - Technical analysis published on 12/19/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 5.37 USD

My targets

6.98 USD (+3.67%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on D-WAVE QUANTUM INC. as long as the price remains well above 5.37 USD. The buyers' bullish objective is set at 6.98 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The D-WAVE QUANTUM INC. rating is 6.73 USD. The price registered an increase of +72.12% over 5 days with the lowest point at 4.84 USD and the highest point at 9.42 USD. The deviation from the price is +39.05% for the low point and -28.56% for the high point.

4.84

9.42

6.73

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by D-WAVE QUANTUM INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on D-WAVE QUANTUM INC. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of D-WAVE QUANTUM INC. in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 90

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Long white line

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	1.06	2.35	2.91	6.73
Change (%)	-84.25%	-65.08%	-56.76%	-
Change	-5.67	-4.38	-3.82	-
Level	Intermediate	Major	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.31	6.65	7.81	9.15	10.31	11.65	12.81
Camarilla	8.27	8.50	8.73	8.96	9.19	9.42	9.65
Woodie	5.21	6.61	7.71	9.11	10.21	11.61	12.71
Fibonacci	6.65	7.61	8.20	9.15	10.11	10.70	11.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.34	3.03	4.01	4.70	5.68	6.37	7.35
Camarilla	4.54	4.69	4.85	5.00	5.15	5.31	5.46
Woodie	2.50	3.10	4.17	4.77	5.84	6.44	7.51
Fibonacci	3.03	3.67	4.06	4.70	5.34	5.73	6.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-1.39	-0.21	1.40	2.58	4.19	5.37	6.98
Camarilla	2.23	2.49	2.74	3.00	3.26	3.51	3.77
Woodie	-1.19	-0.10	1.61	2.69	4.40	5.48	7.19
Fibonacci	-0.21	0.86	1.52	2.58	3.65	4.31	5.37

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	93.11
MACD (12,26,9):	1.0600
Directional Movement:	58.98
AROON (14):	100.00
DEMA (21):	3.74
Parabolic SAR (0,02-0,02-0,2):	2.50
Elder Ray (13):	4.41
Super Trend (3,10):	3.75
Zig ZAG (10):	7.28
VORTEX (21):	1.2300
Stochastique (14,3,5):	83.52
TEMA (21):	4.60
Williams %R (14):	-35.63
Chande Momentum Oscillator (20):	6.07
Repulse (5,40,3):	46.5300
ROCnROLL:	1
TRIX (15,9):	4.2600
Courbe Coppock:	609.10

MA7:	6.53
MA20:	4.39
MA50:	2.53
MA100:	1.74
MAexp7:	4.34
MAexp20:	2.69
MAexp50:	1.93
MAexp100:	2.02
Price / MA7:	+3.06%
Price / MA20:	+53.30%
Price / MA50:	+166.01%
Price / MA100:	+286.78%
Price / MAexp7:	+55.53%
Price / MAexp20:	+150.93%
Price / MAexp50:	+249.74%
Price / MAexp100:	+234.16%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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