High volatility in Quantum Computing Inc. stock price on Tuesday which ended trading at $15.13
The Quantum Computing Inc. stock price gained 5.51% on the last trading day (Tuesday, 10th Jun 2025), rising from $14.34 to $15.13. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 22.02% from a day low at $14.42 to a day high of $17.60. The price has risen in 6 of the last 10 days and is up by 16.38% 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, 31 million more shares were traded than the day before. In total, 65 million shares were bought and sold for approximately $987.82 million.
On Apr 15, 2024, it was reported that Ascendiant gave QUBT 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 $14.45, a level that may pose a second chance to hit a runner. According to fan-theory $19.34 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
The Quantum Computing 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 $13.15 and $10.01. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 21, 2025, and so far it has risen 157.75%. Further rise is indicated until a new top pivot has been found. 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. 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 $13.31 and $12.87.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, Quantum Computing Inc. finds support just below today's level at $13.31. If this is broken, then the next support from accumulated volume will be at $12.87 and $11.83.
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 $3.18 between high and low, or 22.02%. For the last week, the stock has had daily average volatility of 12.73%.
Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for Quantum Computing Inc. stock to perform well in the short-term period.
Check full Quantum Computing Inc. forecast and analysis here.