High volatility in D-Wave Quantum Inc. stock price on Friday which ended trading at $26.88

The D-Wave Quantum Inc. stock price gained 11.91% on the last trading day (Friday, 19th Sep 2025), rising from $24.02 to $26.88. It has now gained 7 days in a row. It is not often that stock manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 17.19% from a day low at $23.32 to a day high of $27.33. The price has risen in 9 of the last 10 days and is up by 74.89% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 million more shares were traded than the day before. In total, 88 million shares were bought and sold for approximately $2.36 billion.

On Aug 04, 2025, it was reported that Needham gave QBTS a "Buy" grade with a "hold" action.

The stock has broken the very wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $22.04, a level that may pose a second chance to hit a runner. According to fan-theory $28.43 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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 $20.72 and $17.21. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, August 21, 2025, and so far it has risen 81.50%. 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 $24.02 and $22.54.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 $24.02. If this is broken, then the next support from accumulated volume will be at $22.54 and $20.30.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $4.01 between high and low, or 17.19%. For the last week, the stock has had daily average volatility of 12.78%.

The D-Wave Quantum Inc. stock is extremely overbought on RSI14 (95). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.Since the D-Wave Quantum Inc. has been rising for 7 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

D-Wave Quantum Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.