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Is ARQQ gaining bullish strength? Crossed Above 20 Day Moving Average shows up after rocketing 7.97%

Arqit Quantum Inc. (ARQQ) — SwingTradeBot Technical Analysis Report · Aug 3, 2026, 17:41 ET
On Monday, August 3rd, ARQQ moved up 7.97% while volume shrunk to 0.3× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 17.57, 16.64 & 16.14, with resistance at 18.99, 19.49 & 20.42.

Current SwingTradeBot Technical Rating of ARQQ: D

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Arqit Quantum Inc. (ARQQ)