Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
D-Wave Quantum Inc. Common Shares (NYSE:QBTS)
Crossroads (-60) - QBTS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QBTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBTS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QBTS
The long-term trend has been UP since Feb 12th, 2024 at 1.09
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1.79
The short-term trend has been DOWN since May 8th, 2024 at 1.35
Smart Scan Analysis for QBTS
Based on our trend formula, QBTS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.380 | 1.405 | 1.300 | 1.325 | -0.055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.360 | 2016262 | 2024-05-08 15:59:36 |
| 52wk High | 3.2 | 52wk High Date | 2023-07-18 |
| 52wk Low | 0.4 | 52wk Low Date | 2023-05-09 |
| Average Volume | 3,108,124 | Shares Outstanding | 116,793 |
| Assets | 59,356,000M | Liabilities | 83,837,000M |