IonQ Jumps On Amazon News, But Can It Defy Quantum Bearish Trend?

IONQ Inc IONQ is getting a much-needed boost, surging over 11% at one point on Monday after announcing a major quantum computing milestone. While the long-term potential is promising, the technicals tell a different story. IonQ stock at $22.92 sits below its eight-day and 50-day simple moving averages, reinforcing a strongly bearish trend. The Moving Average Convergence Divergence (MACD) indicator at a negative 1.70 also signals weakness, while the Relative Strength Index (RSI) at 43.51 suggests the stock i ...