D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Inc. is trading at $19.67, down 5.75% on the session. The 50 day average sits at $21.13 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54.7, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $20.93 with resistance near $22.00, so that band frames the current range. Average daily movement is roughly $1.51, or about 7.7% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 32, momentum of 78 and a risk score of 34.

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.