Sell signal, week 7: the rebound stalls
D-Wave Quantum stock drops 3.7%, rally stalls against a tight technical wall
Our view last week
D-Wave Quantum's bounce is losing steam fast: after an 11.5% jump and a 14.8% follow-through over the prior two weeks, this week closes up a modest 2%, while ADX falls for a fourth straight week and the trend keeps losing conviction. Money flow stays negative but eases, and buyers still run the volume, at 70%. Sell signal strength drops to 2 out of 100 — the mark of a decline running on fumes. D-Wave Quantum stock weekly technical analysis.
This week's summary
D-Wave Quantum's rebound stalls: after two strong weeks, +14.8% and +11.5%, this one closes down 3.7%, with the stock still boxed into a very tight band between the 20.3 area and the 20.8 area. Money flow has stayed negative for nine weeks but keeps easing, and buyers still run the volume. D-Wave Quantum stock weekly technical analysis, with the Sell signal now in its seventh week of management.
IQS Phase
54
ordinary
Signal Strength
5
decline fading out
Sizing
MINIMUM
Ranking
#74 / 93
US stocks
Trade P&L %
-1.49%
from signal to date, no stop loss
Rank position
ranks 74th among the 93 sell signals for US stocks in our ranking, with a signal strength of 5 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
QBTS belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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