Volatile ride for D-Wave Quantum Inc. stock price on Thursday moving between $21.61 and $25.80

The D-Wave Quantum Inc. stock price gained 33.44% on the last trading day (Thursday, 21st May 2026), rising from $19.28 to $25.72. During the last trading day the stock fluctuated 19.39% from a day low at $21.61 to a day high of $25.80. The price has been going up and down for this period, and there has been a 16.91% 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, 93 million more shares were traded than the day before. In total, 113 million shares were bought and sold for approximately $2.91 billion.

On May 12, 2026, it was reported that Jefferies gave QBTS a "Buy" grade with a "hold" action.

Given the current short-term trend, the stock is expected to rise 20.58% during the next 3 months and, with a 90% probability hold a price between $18.80 and $31.01 at the end of this 3-month period.

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 $20.88 and $19.45. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 30, 2026, and so far it has risen 98.23%. 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 $21.67 and $21.51.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 $21.67. If this is broken, then the next support from accumulated volume will be at $21.51 and $20.79.

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 $4.19 between high and low, or 19.39%. For the last week, the stock has had daily average volatility of 10.02%.

D-Wave Quantum Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.