Quantum Computing Inc. Stock Forecast

Sell candidate since Feb 11, 2025

The Quantum Computing Inc. stock price fell by -9.64% on the last day (Tuesday, 11th Feb 2025) from $8.71 to $7.87. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 10.56% from a day low at $7.86 to a day high of $8.69. The price has fallen in 8 of the last 10 days and is down by -22.84% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 million shares and in total, 13 million shares were bought and sold for approximately $101.44 million.

Given the current short-term trend, the stock is expected to rise 29.13% during the next 3 months and, with a 90% probability hold a price between $10.16 and $38.19 at the end of this 3-month period.

QUBT Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Quantum Computing Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $9.29 and $12.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, December 18, 2024, and so far it has fallen -69.35%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Quantum Computing Inc. stock

Quantum Computing Inc. finds support from accumulated volume at $7.70 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 $0.83 between high and low, or 10.56%. For the last week, the stock has had daily average volatility of 9.06%.

Quantum Computing Inc. is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (QUBT) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Quantum Computing Inc. to open at $8.14, and during the day (based on 14 day Average True Range), to move between $6.19 and $9.55, which gives a possible trading interval of +/-$1.68 (+/-21.34%) up or down from last closing price. If Quantum Computing Inc. takes out the full calculated possible swing range there will be an estimated 42.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.93 (0.72%) than the support at $7.70 (2.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Quantum Computing Inc. stock A Buy?

The Quantum Computing Inc. stock holds several negative signals and despite the positive trend, we believe Quantum Computing Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.094 Sell Candidate Downgraded

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Predicted Fair Opening Price

Predicted fair opening price on February 12, 2025 - $8.14 ( 3.43%).