Sell signal, 8th week of management
D-Wave Quantum stock sheds 16.7% as sellers retake control of volume
Our view last week
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.
This week's summary
D-Wave Quantum's Sell signal is in its 8th week of management, and this week leaves no doubt: -16.7%, with 90% of volume flipping to sellers after months in which buyers had been running the tape. Last week money flow was easing; now it's worsening again, and the price action flags a sharp distribution phase. The decline regains momentum, even as the ADX keeps sliding for a 10th straight week.
IQS Phase
59
ordinary
Signal Strength
65
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#11 / 96
US stocks
Trade P&L %
+15.43%
from signal to date, no stop loss
Rank position
ranks 11th among the 96 sell signals for US stocks in our ranking, with a signal strength of 65 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +1.30% · monthly +11.48%
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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