Big movements in D-Wave Quantum Inc. stock price on Wednesday moving 13.34% between high and low

The D-Wave Quantum Inc. stock price gained 15.41% on the last trading day (Wednesday, 23rd Jul 2025), rising from $17.59 to $20.30. During the last trading day the stock fluctuated 13.34% from a day low at $18.06 to a day high of $20.47. The price has been going up and down for this period, and there has been a 23.86% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 32 million more shares were traded than the day before. In total, 74 million shares were bought and sold for approximately $1.50 billion.

On Jun 18, 2025, it was reported that B. Riley gave QBTS a "Buy" grade with a "hold" action.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 60.39% during the next 3 months and, with a 90% probability hold a price between $26.78 and $40.88 at the end of this 3-month period.

Mostly positive signals in the chart today. The D-Wave Quantum Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.21 and $16.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 27, 2025, and so far it has risen 44.79%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $19.04 and $16.56.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, D-Wave Quantum Inc. finds support just below today's level at $19.04. If this is broken, then the next support from accumulated volume will be at $16.56 and $15.36.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.41 between high and low, or 13.34%. For the last week, the stock has had daily average volatility of 11.11%.

D-Wave Quantum Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.