The rebound of Quantumscape actions shows signs of strength

  • Quantumscape has had a rebound for two weeks after announcing a successful advance in production.
  • The solid state process of the battery company is now closer to commercialization.
  • QS shares have risen more than 100% since June 24.
  • The QS technical structure shows that there may be more maximums in the range ahead.

Quantumscape (QS)a battery company for electric vehicles (EV) in the pre-engineer phase, has seen its price of shares increase more than 100% since June 24, when it announced that it had successfully achieved the production objectives before planned.

The company’s shares based in San José, California, are rising slightly on Wednesday and reached a new 11 months of $ 8.79 earlier in the session after the rebound of more than 16% on Tuesday.

American stock markets are optimistic in the mid -week session, since NVIDIA (NVDA) It becomes the first company of 4 billion dollars. The Nasdaq won more than 1% before, but currently trades 0.6% upwards while the markets await the minutes of the June Federal Reserve (Fed) meeting.

News about Quantumscape actions

The optimism around the actions of QS follows the announcement of Quantumscape on June 24 that he had achieved its objective of integrating its “process of separator charges advanced” in the production of base cells before planned.

Quantumscape is the main public property company in the Solid State Batteries space. It seeks to develop next -generation battery technology that can then license automotive partners such as Volkswagen (Vwagy). Solid state batteries are designed to be cheaper, load faster and allow greater density that allows a greater rank of EV.

Solid state battery technology has long shown better results in the laboratory, but Quantumscape’s last advance implies a decrease of 25 times in the time it takes the heat treatment of ceramics in the construction of its batteries. In addition, the new Cobra process, which replaces the previous raptor process of the company, occupies much less production space.

“Our team has made impressive advances in the development of Cobra, a technology that exemplifies our progress in the scalability of solid state batteries,” said Dr. Siva Sivaram, CEO of Quantumscape. “By significantly improving performance and reducing equipment space, Cobra gives us a powerful path towards the commercialization of our next -generation battery technology.”

Quantumscape is expected to see income until 2026, but analysts project that modest income will grow by 1200% when sales reach 60 million $ 2027.

News about Quantumscape actions

The two daily graphics below show how Quantumscape’s actions have generally been in a secular bearish trend since it was made public in 2020. But this bearish trend is dotted with quite regular seasonal peaks as the company achieves new technological milestones.

The last rebound in the last two weeks has launched the actions of QS well above the simple mobile socks (SMA) of 50 days and 200 days. But what really must be noted that this time the rebound found support in the low range of $ 6 before breaking above the initial maximums of the first two sessions of the rebound. This means that the rebound could have the strength or power of permanence.

DAILY CHARM OF ACS ANDTD ACTIONS

DAILY CHARM OF ACS ANDTD ACTIONS

Compare that with recent short -term rebounds in the last two years. The rebounds in January 2025, October 2024, July 2024 and January 2024 dissipated after several sessions. But the current rebound is more like the rebound in July 2023 in which Quantumscape shares were consolidated before shooting at $ 13.86.

This shows that the recent technological advance could have more power of permanence than recent rebounds. That July 2023 lasted more than at least a month, and if you look at its initial increase in mid -May 2023, it really lasted about two and a half months.

With the QS shares reaching a maximum range of $ 8.79 on Wednesday, the bulls will then seek the previous rank maximum in $ 9.52 (July 2024), 10.03 $ (January 20, 2024) and the Pico de Julio, 2023 in $ 13.86.

DAILY GRAPH OF QS Actions in the last 30 months

DAILY GRAPH OF QS Actions in the last 30 months

Source: Fx Street

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