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:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 6.37 USD
My targets
7.35 USD (+9.75%)
9.42 USD (+40.60%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on D-WAVE QUANTUM INC.. As long as you are above the support located at 6.37 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 7.35 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 9.42 USD as an objective. Crossing it would then enable buyers to target 10.50 USD. If the support 6.37 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3
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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 6.70 USD. On the day, this instrument lost -25.22% with the lowest point at 6.70 USD and the highest point at 9.38 USD. The deviation from the price is 0% for the low point and -28.57% for the high point.6.70
9.38
6.70
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
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
A technical analysis in 1H of this D-WAVE QUANTUM INC. chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.91 | 3.74 | 5.06 | 6.70 | 9.42 | 10.50 |
| Change (%) | -56.57% | -44.18% | -24.48% | - | +40.60% | +56.72% |
| Change | -3.79 | -2.96 | -1.64 | - | +2.72 | +3.80 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.44 | |
| MACD (12,26,9): | 0.9400 | |
| Directional Movement: | 11.89 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 9.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.46 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 6.62 | |
| Zig ZAG (10): | 7.78 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 47.58 | |
| TEMA (21): | 9.63 | |
| Williams %R (14): | -71.25 | |
| Chande Momentum Oscillator (20): | 0.56 | |
| Repulse (5,40,3): | -25.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 2.5000 | |
| Courbe Coppock: | 54.56 |
| MA7: | 6.53 | |
| MA20: | 4.44 | |
| MA50: | 2.53 | |
| MA100: | 1.74 | |
| MAexp7: | 8.86 | |
| MAexp20: | 8.12 | |
| MAexp50: | 6.57 | |
| MAexp100: | 5.25 | |
| Price / MA7: | +2.60% | |
| Price / MA20: | +50.90% | |
| Price / MA50: | +164.82% | |
| Price / MA100: | +285.06% | |
| Price / MAexp7: | -24.38% | |
| Price / MAexp20: | -17.49% | |
| Price / MAexp50: | +1.98% | |
| Price / MAexp100: | +27.62% |
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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