Price Support, Risk Assessment, and Stop-Loss Analysis for IonQ, Inc. Stock
On the lower end, the stock enjoys a protective cushion just below its current valuation, bolstered by a concentration of trading activity at $13.55 and $13.53. Engaging with a support level brings inherent risk as breaching it might trigger a subsequent decline to the subsequent support tier. In the instance of IonQ, Inc., the immediate backup is situated just below today's value at $13.55. Should this level give way, the subsequent support thresholds, backed by accumulated volume, emerge at $13.53 and $13.35.
The stock exhibits significant intraday fluctuations, or volatility, underscored by an expansive projection range within the Bollinger Band. This heightened volatility positions the stock within the "high risk" category. Over the most recent trading day, the stock showcased a substantial movement of $1.98 between its peak and nadir, translating to 13.51%. Extending over the past week, the stock has demonstrated an average daily volatility of 11.41%.