Downtrend making lower lows
Quantum Computing drops 9.9% as the decline carves fresh lows
Downtrend making lower lows
Our view last week
Quantum Computing shares close the week down 4.3%, but tucked inside is a daily double bottom in the 8.6 area with a 19% intraday rebound: volatility stays extreme. Versus last week, when the decline had lost its push without reversing, the technical picture now shows lower weekly lows, and the sell signal climbs to 54th among 137 US sell signals. This swing trading setup still reads as high-risk on our model.
This week's summary
Quantum Computing shares drop 9.9% this week, with 5 lower daily highs in a row, from the 11 area down toward 8.5: last week's bounce has faded and the decline is back to carving fresh lows. Signal strength reads "downtrend making lower lows, pace holding," and the sell signal climbs to 41st among the 140 US sell signals. This swing trading setup: very high volatility, trading not recommended for new entries.
IQS Phase
63
ordinary
Signal Strength
64
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#41 / 140
US stocks sell signals
Trade P&L %
+13.81%
from signal to today
restricted Platinum content