Overall QUBT gets a technical rating of 1 out of 10. QUBT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
QUBT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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9.92
3 important support areas can be observed.
- Support @10.77 from a trend line in the weekly time frame.
- Support @10.19 from a horizontal line in the weekly time frame.
- Support @10.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.08 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for QUBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QUBT is down. |
| ChartMill Relative Strength | 6.28 | NEGATIVE | QUBT has a low relative strength, it was outperformed by 93.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QUBT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QUBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QUBT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.65 | NEUTRAL | The RSI value for QUBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests QUBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.97 | OVERSOLD | The low Stochastics value suggests QUBT may be oversold. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for QUBT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for QUBT suggests a weak or negative trend. |
10.89
+0.55 (+5.32%)
QUANTUM COMPUTING INC / QUBT FAQ
Can you provide the ChartMill technical rating for QUANTUM COMPUTING INC?
ChartMill assigns a technical rating of 1 / 10 to QUBT.
What is the current trend direction of QUANTUM COMPUTING INC (QUBT) stock?
The current trend direction for QUANTUM COMPUTING INC (QUBT) is Bearish.
What is the RSI signal for QUANTUM COMPUTING INC (QUBT) stock?
QUANTUM COMPUTING INC (QUBT) has an RSI value of 42.6523. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for QUANTUM COMPUTING INC?
The buy/sell signal for QUANTUM COMPUTING INC (QUBT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for QUBT stock?
QUANTUM COMPUTING INC (QUBT) has a support level at 10.77 and a resistance level at 12.08. Check the full technical report for our detailed analysis of QUBT support and resistance levels.