D-WAVE QUANTUM INC. - 1H - Technical analysis published on 12/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 7.35 USD
My targets
9.42 USD (+5.13%)
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 7.35 USD. The buyers' bullish objective is set at 9.42 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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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 8.96 USD. The price registered an increase of +6.67% on the session with the lowest point at 8.00 USD and the highest point at 10.50 USD. The deviation from the price is +12.00% for the low point and -14.67% for the high point.8.00
10.50
8.96
Here is a more detailed summary of the historical variations registered by D-WAVE QUANTUM INC.:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of D-WAVE QUANTUM INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 2.91 | 3.74 | 5.06 | 8.96 | 9.42 |
Change (%) | -67.52% | -58.26% | -43.53% | - | +5.13% |
Change | -6.05 | -5.22 | -3.90 | - | +0.46 |
Level | Major | Major | Intermediate | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.31 | 6.65 | 7.81 | 9.15 | 10.31 | 11.65 | 12.81 |
Camarilla | 8.27 | 8.50 | 8.73 | 8.96 | 9.19 | 9.42 | 9.65 |
Woodie | 5.21 | 6.61 | 7.71 | 9.11 | 10.21 | 11.61 | 12.71 |
Fibonacci | 6.65 | 7.61 | 8.20 | 9.15 | 10.11 | 10.70 | 11.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.34 | 3.03 | 4.01 | 4.70 | 5.68 | 6.37 | 7.35 |
Camarilla | 4.54 | 4.69 | 4.85 | 5.00 | 5.15 | 5.31 | 5.46 |
Woodie | 2.50 | 3.10 | 4.17 | 4.77 | 5.84 | 6.44 | 7.51 |
Fibonacci | 3.03 | 3.67 | 4.06 | 4.70 | 5.34 | 5.73 | 6.37 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -1.39 | -0.21 | 1.40 | 2.58 | 4.19 | 5.37 | 6.98 |
Camarilla | 2.23 | 2.49 | 2.74 | 3.00 | 3.26 | 3.51 | 3.77 |
Woodie | -1.19 | -0.10 | 1.61 | 2.69 | 4.40 | 5.48 | 7.19 |
Fibonacci | -0.21 | 0.86 | 1.52 | 2.58 | 3.65 | 4.31 | 5.37 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 60.37 | |
MACD (12,26,9): | 1.0800 | |
Directional Movement: | 20.42 | |
AROON (14): | 57.14 | |
DEMA (21): | 9.52 | |
Parabolic SAR (0,02-0,02-0,2): | 10.50 | |
Elder Ray (13): | 0.18 | |
Super Trend (3,10): | 6.62 | |
Zig ZAG (10): | 8.93 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 68.42 | |
TEMA (21): | 9.90 | |
Williams %R (14): | -47.97 | |
Chande Momentum Oscillator (20): | 0.72 | |
Repulse (5,40,3): | -5.0800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 2.6100 | |
Courbe Coppock: | 69.11 |
MA7: | 6.04 | |
MA20: | 4.12 | |
MA50: | 2.39 | |
MA100: | 1.67 | |
MAexp7: | 9.11 | |
MAexp20: | 8.11 | |
MAexp50: | 6.51 | |
MAexp100: | 5.19 | |
Price / MA7: | +48.34% | |
Price / MA20: | +117.48% | |
Price / MA50: | +274.90% | |
Price / MA100: | +436.53% | |
Price / MAexp7: | -1.98% | |
Price / MAexp20: | +10.11% | |
Price / MAexp50: | +37.17% | |
Price / MAexp100: | +72.06% |
Quotes :
-
15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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