Eben@CANSLIM ResearchQUBT closed at $8.92 on August 12, 2026, firmly entrenched in a Stage 4 decline with price below a falling 30-week moving average. The stock has carved out a 43-week deep base with 74.4% depth, a pattern flagged as faulty with elevated failure risk, and no confirmed breakout. With only 1 of 8 trend-template checks passing and sentiment scoring bearish at -7, the technical backdrop remains defensive and warrants caution.
Technical Analysis
As of 2026-08-12 · Close $8.92
Stage Analysis
Stage 4 (Declining) — Price below a declining 30-week MA — downtrend (30-week MA 6-week slope: -5.48%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 74.4%, length 43 weeks, pivot $24.62. Base formed from 2025-10-03 (left-side high) to 2026-08-12, with the low of $6.31 set on 2026-03-30
- Bull Flag after a 20.8% run, currently 3.4% off the flag high
⚠️ Faulty cup warning: the base is 74.4% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
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