On Wednesday, D-Wave Quantum Inc. stock price gained an impressive 7.83%

StockInvest.us, 2 weeks ago

StockInvest.us

The D-Wave Quantum Inc. stock price gained 7.83% on the last trading day (Wednesday, 2nd Jul 2025), rising from $14.82 to $15.98. 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 8.91% from a day low at $14.76 to a day high of $16.08. The price has been going up and down for this period, and there has been a 2.77% 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, 8 million more shares were traded than the day before. In total, 61 million shares were bought and sold for approximately $977.79 million.

On Jun 18, 2025, it was reported that B. Riley 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 $14.65 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 106.89% during the next 3 months and, with a 90% probability hold a price between $30.30 and $51.07 at the end of this 3-month period.

D-Wave Quantum Inc.

The D-Wave Quantum Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $14.67 and $15.61. A breakdown below any of these levels will issue sell signals. 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 Thursday, May 22, 2025, and so far it has fallen -16.07%. 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).

D-Wave Quantum Inc. finds support from accumulated volume at $15.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $1.32 between high and low, or 8.91%. For the last week, the stock has had daily average volatility of 6.44%.

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.

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