High volatility in D-Wave Quantum Inc. stock price on Thursday which ended trading at $31.06

The D-Wave Quantum Inc. stock price gained 13.81% on the last trading day (Thursday, 23rd Oct 2025), rising from $27.29 to $31.06. During the last trading day the stock fluctuated 12.71% from a day low at $29.66 to a day high of $33.43. The price has fallen in 6 of the last 10 days and is down by -11.43% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 37 million more shares were traded than the day before. In total, 113 million shares were bought and sold for approximately $3.52 billion.

On Oct 15, 2025, it was reported that Roth Capital gave QBTS a "Buy" grade with a "hold" action.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $27.11 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 95.02% during the next 3 months and, with a 90% probability hold a price between $52.88 and $91.51 at the end of this 3-month period.

The D-Wave Quantum Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $35.50. On a fall, the stock will find some support from the long-term average at approximately $28.14. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, October 15, 2025, and so far it has fallen -30.64%. 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).

On the downside, the stock finds support just below today's level from accumulated volume at $27.29 and $26.88.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 $27.29. If this is broken, then the next support from accumulated volume will be at $26.88 and $24.02.

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 $3.77 between high and low, or 12.71%. For the last week, the stock has had daily average volatility of 13.69%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for D-Wave Quantum Inc. stock to perform well in the short-term.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.