What are the technical indicators suggesting for QUBT's short-term price movement?

The technical indicators suggest a bearish outlook for QUBT's short-term price movement. Here's a detailed analysis:

1. **Price Movement**: The closing price of QUBT on July 29, 2025, was $15.37, with a trading volume of 12.97 million shares. This indicates significant selling pressure.

|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|20250729|15.37|12969476|186|

2. **Support and Resistance Levels**: The support level is at $17.43, and the resistance level is at $19.91. The stock is trading closer to the support level, which could be a point of concern if the price were to break below this level.

|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|20250729|17.4300|19.9100|186|

3. **MACD and KDJ**: The MACD (Moving Average Convergence Divergence) is -1.12, and the KDJ (Stochastic Oscillator) is -3.72. Both of these indicators are negative and suggest that the stock is currently oversold. However, they also indicate a potential for a price reversal if the momentum were to shift.

|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|20250729|18.3500|26.1613|-3.7174|-1.1156|186|

4. **RSI**: The RSI (Relative Strength Index) is 26.16. This is close to the oversold threshold of 30, indicating that the stock may be undervalued, but it also suggests that the stock has been under strong selling pressure.
5. **Moving Averages**: The 5-day moving average is $16.53, the 10-day is $17.5, and the 20-day is $18.35. All these moving averages are above the current price, which could be seen as a bearish signal, as the price is trading below its short-term and medium-term moving averages.

6. **Long-term Moving Averages**: The 30-day moving average is $18.37, the 50-day is $16.36, and the 60-day is $15.01. The stock is trading below these moving averages, which could suggest a bearish trend.

7. **Short-term Momentum**: The 120-day moving average is $11.05, the 200-day is $9.63, and the 250-day is $7.83. The stock is trading significantly above these long-term moving averages, which could indicate that the recent price decline is part of a short-term correction within a longer-term uptrend.

In conclusion, the technical indicators suggest that QUBT is currently facing downward pressure, with the stock trading below several of its short-term and medium-term moving averages. While there is a risk of a price reversal, the current indicators point to a bearish short-term outlook. Investors should monitor the stock's performance against the support and resistance levels, as well as the movement of the MACD and RSI for signs of potential reversals.