
As of October 6, 2025, quantum computing stocks Quantum Computing Inc (QUBT) and Rigetti Computing Inc (RGTI) are exhibiting strong momentum but also flashing 'overbought' signals, with RSIs of 70.1 and 86.8, respectively. QUBT shares jumped 23.2% to $24.62 after an analyst price target increase to $40, contributing to a 63% monthly gain, while RGTI climbed 13.2% to $40.06, completing a 165% monthly rally, driven by $5.7 million in new purchase orders for its quantum systems, indicating potential short-term volatility for these high-momentum plays.
As of Oct. 6, 2025, two stocks in the information technology could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Quantum Computing Inc (NASDAQ:QUBT) - On Oct. 3, Ascendiant Capital maintained a Buy rating on the stock and raised its price target from $22 to $40. The company's stock gained around 63% over the past month and has a 52-week high of $27.15. - RSI Value: 70.1 - QUBT Price Action: Shares of Quantum Computing jumped 23.2% to close at $24.62 on Friday. - Edge Stock Ratings: 99.89 Momentum score with Value at 93.51. Rigetti Computing Inc (NASDAQ:RGTI) - On Sept. 30, Rigetti received $5.7 million in purchase orders for two quantum Computing Systems. “The Novera QPU continues to be chosen and trusted by national labs and researchers across the world to advance quantum computing technology R&D,” says Dr. Subodh Kulkarni, Rigetti CEO. “We are excited to see the increased demand for on-premises quantum computing systems as the industry matures.” The company's stock gained around 165% over the past month and has a 52-week high of $40.63. - RSI Value: 86.8 - RGTI Price Action: Shares of Rigetti Computing gained 13.2% to close at $40.06 on Friday. Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up. Read This Next: Photo via Shutterstock © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Quantum Computing Inc. (QUBT) and Rigetti Computing Inc. (RGTI) are exhibiting characteristics of high-momentum stocks undergirded by positive catalysts, but their technical indicators flash strong caution signals. Both stocks are flagged as overbought, with QUBT's Relative Strength Index (RSI) at 70.1 and RGTI's at a more extreme 86.8. QUBT's 63% monthly gain, including a recent 23.2% single-day jump to $24.62, is supported by an analyst's price target increase to $40. Meanwhile, RGTI's staggering 165% rally over the past month, closing at $40.06, is fundamentally driven by the announcement of $5.7 million in new purchase orders. This juxtaposition of strong fundamental news and severely stretched technicals creates a high-volatility environment. The stocks are trading near their respective 52-week highs of $27.15 (QUBT) and $40.63 (RGTI), which may serve as psychological and technical resistance levels, suggesting that while the underlying sentiment is positive, the risk of a near-term price correction or consolidation is elevated.
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