Sell signal, third week: the push is fading
D-Wave Quantum slips another 3.1%, but a double bottom near 16 slows the sell-off
Sell signal, third week: the push is fading
Our view last week
D-Wave Quantum stays bearish: after last week's -10.8%, the stock sheds another 16.7% this week. The daily chart tells a clear story - 5 lower highs, sliding from the 27 area to 19 - with buyer dominance collapsing and distribution underway. Signal strength climbs to 80 out of 100 and reads "downtrend making lower lows, pace holding": no sign of exhaustion. The stock ranks 28th among 140 US sell signals, with the short already more than 16% in profit.
This week's summary
A double bottom in the 16 area is putting the brakes on D-Wave Quantum stock's decline: after last week's plunge, the stock closes down 3.1% but bounces 12% off the lows, even as sellers stay in control and distribution continues. Signal strength drops to 34 out of 100 — a decline losing steam — and the signal slips to 80th among the 141 US sell signals, with the short already more than 19% in profit.
Sell signal in observation
·3rd week from start
·US stocks
·T2
·📅 Earnings · Aug 6
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IQS Phase
79
in tension
Signal Strength
34
decline losing steam
Sizing
REDUCED
Ranking
#80 / 141
US stocks sell signals
Trade P&L %
+19.31%
from signal to today
Rank position
ranks 80th among the 141 sell signals for US stocks in our ranking, with a signal strength of 34 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
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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