D-Wave Quantum Inc. stock price down 0.85% on Thursday

StockInvest.us, 2 weeks ago

StockInvest.us

The D-Wave Quantum Inc. stock price fell by -0.85% on the last day (Thursday, 26th Jun 2025) from $14.18 to $14.06. During the last trading day the stock fluctuated 3.22% from a day low at $13.96 to a day high of $14.41. The price has fallen in 7 of the last 10 days and is down by -14.94% for this period. Volume has increased on the last day by 10 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 38 million shares were bought and sold for approximately $541.16 million.

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

Given the current short-term trend, the stock is expected to rise 121.57% during the next 3 months and, with a 90% probability hold a price between $31.15 and $52.97 at the end of this 3-month period.

D-Wave Quantum Inc.

There are few to no technical positive signals at the moment. The D-Wave Quantum Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $15.01 and $15.03. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 22, 2025, and so far it has fallen -26.16%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

On the downside, the stock finds support just below today's level from accumulated volume at $13.15 and $11.09.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 $13.15. If this is broken, then the next support from accumulated volume will be at $11.09 and $11.03.

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 $0.450 between high and low, or 3.22%. For the last week, the stock has had daily average volatility of 5.81%.

The D-Wave Quantum Inc. stock holds several negative signals and despite the positive trend, we believe D-Wave Quantum Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Check full D-Wave Quantum Inc. forecast and analysis here.