Volatile ride for Rigetti Computing, Inc. stock price on Wednesday moving between $11.86 and $13.56

The Rigetti Computing, Inc. stock price gained 11.39% on the last trading day (Wednesday, 11th Jun 2025), rising from $11.24 to $12.52. During the last trading day the stock fluctuated 14.33% from a day low at $11.86 to a day high of $13.56. The price has fallen in 6 of the last 10 days and is down by -11.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 116 million more shares were traded than the day before. In total, 177 million shares were bought and sold for approximately $2.22 billion.

On Mar 06, 2025, it was reported that Alliance Global Partners gave RGTI a "Buy" grade with a "hold" action.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 37.66% during the next 3 months and, with a 90% probability hold a price between $14.37 and $20.51 at the end of this 3-month period.

The Rigetti 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 $11.59 and $11.15. 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 Tuesday, May 27, 2025, and so far it has fallen -11.77%. 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).

Rigetti Computing, Inc. finds support from accumulated volume at $11.92 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 $1.70 between high and low, or 14.33%. For the last week, the stock has had daily average volatility of 9.48%.

Rigetti Computing, 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 Hold/Accumulate to a Strong Buy candidate.