Quantum Computing Stock Back Near Familiar Support

By Schaeffer's Digital Content Team | June 26, 2026, 12:00 PM

Subscribers to Schaeffer's Weekend Trader options recommendation service received this RGTI commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Rigetti Computing Inc (NASDAQ:RGTI) briefly dipped below the $20 level before reclaiming it and closing back above its April and May closing highs. The $20 level also carries significant put open interest (OI), which could be supportive in the near term.

Short covering could provide an additional tailwind. Short interest has increased 23.2% over the last month and now represents 19.02% of the stock’s available float.

The stock also tested the lower boundary of a recent uptrend while finding support at its 50-day moving average, a signal that has historically been associated with positive monthly returns.

Our recommended call has a leverage ratio of 3.0 and will double on a 36.7% rise in the underlying equity.

Mentioned In This Article

RGTI

-0.27%

Rigetti Computing Inc

Latest News

Jun-26	Quantum Computing Stock Back Near Familiar Support RGTI Schaeffer's Research
Jun-23	Quantum Computing Stocks Rally After Trump Signs New Industry Support Measures RGTI InvestorsHub
Jun-23	QBTS, RGTI, IONQ On Fire: What's Happening With These Quantum Stocks? RGTI Trefis
Jun-16	HPE Stock Eyes Fourth Straight Monthly Win: Quantum Tie-Ups With INTC, RGTI Aren't Moving Retail's Needle RGTI -9.07% Stocktwits
Jun-15	Quantum Stocks Jump as Growth Trade Revives RGTI +8.20% GuruFocus.com
Jun-15	This Beaten-Down Quantum Stock Is Gaining Fans. They're Starting to Figure It Out. RGTI +8.20% Barrons.com
Jun-12	The Quantum Race Is Heating Up, and Governments Worldwide Are Buying In RGTI Barrons.com
Jun-12	Alphabet Reveals Why It Rejected Trump's $2 Billion Quantum Funding Program RGTI GuruFocus.com
Jun-12	Google Explains Why It Passed On Trump's $2 Billion Quantum Initiative RGTI GuruFocus.com
Jun-12	Google Breaks Silence on Rejecting Trump's $2 Billion Quantum Deal RGTI GuruFocus.com
Jun-11	Google spurned U.S. quantum fund over conditions that would slow R&D RGTI +6.09% Investing.com
Jun-10	Buy the Dip on This Quantum Computing Stock RGTI Schaeffer's Research
Jun-09	Rigetti Computing Is One of This Analyst's Top Quantum Pick. The Case for Buying. RGTI -9.53% Barrons.com
Jun-09	Rigetti Computing and a Buzzy Space Stock Are This Analyst's Top Quantum Picks RGTI -9.53% Barrons.com
Jun-09	RGTI, INFQ Stocks Gain Overnight: Bernstein Thinks Rigetti And Infleqtion Could Be Early Winners In Quantum Race RGTI -9.53% Stocktwits

Quantum Computing Stock Back Near Familiar Support

Mentioned In This Article

Latest News

Upgrade your Finviz experience