D-Wave Quantum Inc.
Here’s whether D-Wave Quantum Inc. (QBTS) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: above the 50-day MA (medium-term momentum positive); strong 1-year return of +236.8%. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-7.13% over 10 days); RSI 79 — overbought, elevated pullback risk; 3-month momentum negative (-24.8%); rising volume on a downtrend (distribution, 1.40x avg). Currently 53.6% off its 52-week high. Score: -3/7.
QBTS is trading below its 200-day MA ($22.50) — a key warning sign the longer-term trend is under pressure. With an RSI of 78.5, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +236.8% compares to +35.1% for SPY (beat the market by 201.7%). The current 53.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.