D-WAVE QUANTUM INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	QBTS
ISIN:

D-WAVE QUANTUM INC. - Daily - Technical analysis published on 12/19/2024 (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

67%

11%

22%

My opinion

Bullish above 5.37 USD

My targets

6.98 USD (+4.60%)

My analysis

D-WAVE QUANTUM INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.37 USD. The next resistance located at 6.98 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

7.9

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 6.67 USD. The price registered a decrease of -25.56% on the session and was between 6.60 USD and 9.38 USD. This implies that the price is at +1.06% from its lowest and at -28.89% from its highest.

6.60

9.38

6.67

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this D-WAVE QUANTUM INC. chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Long black line

Type : Bearish

Timeframe : Daily

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	2.35	2.91	5.06	6.67
Change (%)	-64.77%	-56.37%	-24.14%	-
Change	-4.32	-3.76	-1.61	-
Level	Major	Major	Intermediate	-

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	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):	75.83
MACD (12,26,9):	1.5600
Directional Movement:	38.46
AROON (14):	78.57
DEMA (21):	6.76
Parabolic SAR (0,02-0,02-0,2):	5.25
Elder Ray (13):	2.66
Super Trend (3,10):	5.50
Zig ZAG (10):	7.81
VORTEX (21):	1.2600
Stochastique (14,3,5):	78.83
TEMA (21):	7.80
Williams %R (14):	-31.00
Chande Momentum Oscillator (20):	5.01
Repulse (5,40,3):	-4.8500
ROCnROLL:	1
TRIX (15,9):	6.3700
Courbe Coppock:	308.35

MA7:	6.53
MA20:	4.44
MA50:	2.53
MA100:	1.74
MAexp7:	7.00
MAexp20:	4.97
MAexp50:	3.24
MAexp100:	2.32
Price / MA7:	+2.14%
Price / MA20:	+50.23%
Price / MA50:	+163.64%
Price / MA100:	+283.33%
Price / MAexp7:	-4.71%
Price / MAexp20:	+34.21%
Price / MAexp50:	+105.86%
Price / MAexp100:	+187.50%

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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