Volatile ride for Quantum-Si incorporated stock price on Friday moving between $3.83 and $5.77

The Quantum-Si incorporated stock price gained 0.704% on the last trading day (Friday, 3rd Jan 2025), rising from $4.26 to $4.29. During the last trading day the stock fluctuated 50.65% from a day low at $3.83 to a day high of $5.77. The price has risen in 7 of the last 10 days and is up by 235.16% 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, 95 million more shares were traded than the day before. In total, 189 million shares were bought and sold for approximately $809.84 million.

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 $2.76, a level that may pose a second chance to hit a runner.

Mostly positive signals in the chart today. The Quantum-Si incorporated 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 $3.09 and $1.66. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, December 18, 2024, and so far it has risen 235.16%. 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.

Quantum-Si incorporated finds support from accumulated volume at $4.26 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 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 $1.94 between high and low, or 50.65%. For the last week, the stock has had daily average volatility of 47.85%.

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-Si incorporated stock to perform well in the short-term period.