Overall QUBT gets a technical rating of 4 out of 10. Although QUBT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, QUBT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
10.43
When analyzing the support we notice one important area.
- A support zone ranging from 10.54 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @13.02 from a horizontal line in the weekly time frame.
- Resistance @13.59 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for QUBT is neutral. |
| ChartMill Relative Strength | 90.45 | POSITIVE | QUBT has a high relative strength, it outperformed 90.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QUBT is above 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) | 50.9 | NEUTRAL | The RSI value for QUBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests QUBT has a positive trend. |
| Stochastics (14,3) | 88 | OVERBOUGHT | The high Stochastics value suggests QUBT may be overbought. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for QUBT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.08 | NEGATIVE | The low ADX value for QUBT suggests a weak or negative trend. |
13.01
+0.17 (+1.32%)
QUANTUM COMPUTING INC / QUBT FAQ
Can you provide the ChartMill technical rating for QUANTUM COMPUTING INC?
ChartMill assigns a technical rating of 4 / 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 50.8994. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for QUANTUM COMPUTING INC?
QUANTUM COMPUTING INC (QUBT) has a support level at 10.63 and a resistance level at 13.02. Check the full technical report for our detailed analysis of QUBT support and resistance levels.