Volatile ride for Quantum Computing Inc. stock price on Monday moving between $17.20 and $21.70
The Quantum Computing Inc. stock price gained 27.22% on the last trading day (Monday, 16th Jun 2025), rising from $16.68 to $21.22. During the last trading day the stock fluctuated 26.16% from a day low at $17.20 to a day high of $21.70. The price has risen in 7 of the last 10 days and is up by 79.83% 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, 44 million more shares were traded than the day before. In total, 65 million shares were bought and sold for approximately $1.38 billion.
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 $15.69, a level that may pose a second chance to hit a runner.
Mostly positive signals in the chart today. 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 $16.79 and $11.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 21, 2025, and so far it has risen 101.33%. 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 $18.97 and $17.51.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, Quantum Computing Inc. finds support just below today's level at $18.97. If this is broken, then the next support from accumulated volume will be at $17.51 and $16.68.
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 $4.50 between high and low, or 26.16%. For the last week, the stock has had daily average volatility of 19.56%.
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.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Check full Quantum Computing Inc. forecast and analysis here.