D-WAVE QUANTUM INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	QBTS
ISIN:

D-WAVE QUANTUM INC. - Daily - Technical analysis published on 08/02/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 2.50 USD

My targets

2.91 USD (+7.78%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on D-WAVE QUANTUM INC. as long as the price remains well above 2.50 USD. The buyers' bullish objective is set at 2.91 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

D-WAVE QUANTUM INC. rating 2.70 USD. On the day, this instrument gained +28.57% and was between 2.05 USD and 2.72 USD. This implies that the price is at +31.71% from its lowest and at -0.74% from its highest.

2.05

2.72

2.70

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Abnormal volumes on D-WAVE QUANTUM INC. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of D-WAVE QUANTUM INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	1.86	2.26	2.50	2.70	2.91
Change (%)	-31.11%	-16.30%	-7.41%	-	+7.78%
Change	-0.84	-0.44	-0.20	-	+0.21
Level	Major	Major	Minor	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.59	1.82	2.26	2.49	2.93	3.16	3.60
Camarilla	2.52	2.58	2.64	2.70	2.76	2.82	2.88
Woodie	1.70	1.87	2.37	2.54	3.04	3.21	3.71
Fibonacci	1.82	2.08	2.23	2.49	2.75	2.90	3.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.07	1.47	1.78	2.18	2.49	2.89	3.20
Camarilla	1.91	1.97	2.04	2.10	2.17	2.23	2.30
Woodie	1.04	1.45	1.75	2.16	2.46	2.87	3.17
Fibonacci	1.47	1.74	1.91	2.18	2.45	2.62	2.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.05	0.90	1.50	2.35	2.95	3.80	4.40
Camarilla	1.70	1.83	1.97	2.10	2.23	2.37	2.50
Woodie	-0.08	0.84	1.38	2.29	2.83	3.74	4.28
Fibonacci	0.90	1.45	1.80	2.35	2.90	3.25	3.80

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.15
MACD (12,26,9):	0.1100
Directional Movement:	13.00
AROON (14):	-50.00
DEMA (21):	2.43
Parabolic SAR (0,02-0,02-0,2):	1.86
Elder Ray (13):	0.09
Super Trend (3,10):	1.66
Zig ZAG (10):	2.70
VORTEX (21):	0.9900
Stochastique (14,3,5):	32.84
TEMA (21):	2.34
Williams %R (14):	-37.31
Chande Momentum Oscillator (20):	0.50
Repulse (5,40,3):	18.0000
ROCnROLL:	1
TRIX (15,9):	1.0700
Courbe Coppock:	17.78

MA7:	2.22
MA20:	2.29
MA50:	1.96
MA100:	1.26
MAexp7:	2.31
MAexp20:	2.25
MAexp50:	1.93
MAexp100:	1.79
Price / MA7:	+21.62%
Price / MA20:	+17.90%
Price / MA50:	+37.76%
Price / MA100:	+114.29%
Price / MAexp7:	+16.88%
Price / MAexp20:	+20.00%
Price / MAexp50:	+39.90%
Price / MAexp100:	+50.84%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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