D-Wave Quantum Stock: Technical Signals Flash Caution

D-Wave Quantum US26740W1099

While D-Wave Quantum shares managed a modest 1.16% gain to close at $22.67 during the abbreviated Black Friday session, concerning developments beneath the surface suggest potential headwinds for the quantum computing stock. Persistent insider selling activity combined with deteriorating technical indicators are creating a cautious outlook among market participants.

Post-Thanksgiving trading activity was characterized by exceptionally thin volume, with only 9.44 million shares changing hands—significantly below the stock’s average daily volume exceeding 40 million shares. This substantial drop in liquidity diminishes the significance of the recent 1.2% price increase, as movements on light volume often lack conviction and may not indicate sustainable momentum.

Technical Picture Turns Bearish