From Yahoo Finance: 2025-06-18 12:06:00

Quantum computing stock Rigetti Computing Inc (NASDAQ: RGTI) has surged 1,070% in the last year but has dipped 25% year-to-date and 5.3% in June. RGTI is testing a historically bullish signal after pulling back to its 50-day moving average.

Short interest in RGTI has decreased by 16% recently, but 55.28 million shares are still sold short, accounting for 19.3% of the stock’s total available float. This unwinding of bearish bets could provide positive momentum.

Watch RGTI’s 14-Day Relative Strength Index (RSI) at 30, nearing “oversold” territory. This suggests a potential short-term pop in the stock could be on the horizon.



Read more at Yahoo Finance: Buy the Dip on This Quantum Computing Stock