QuantumScape (NYSE: QS) makes solid-state lithium-metal batteries to improve electric vehicles. Founded in 2010, the company works with Volkswagen to grow its production. It uses lithium metal instead of graphite to charge faster and store more energy. Its ceramic separator helps lithium plate directly, making batteries safer and stronger. QuantumScape owns over 600 patents and has enough funding to last through 2028. The company plans to start commercial production by 2026 and lead battery innovation in the future.

QuantumScape holds around $860 million in cash and reports no debt, ensuring funding through 2028. It invests heavily in R&D and manufacturing. Despite quarterly losses near $114 million, it maintains financial discipline. Investors remain optimistic, especially after launching its Cobra separator line. The company’s market cap exceeds $5.1 billion, reflecting strong belief in its future. As it moves toward commercial production by 2026, QuantumScape balances innovation with strategic financial planning.

QS Weekly Technical Analysis: March 2025 Outlook

As we said on March, the price action of QS shares broke a significant support level, indicating the continuation of a downward trend. Consequently, the bearish movement represented the final phase of QuantumScape’s decline. This breakdown set the stage for a new bullish trend to emerge. It also reflected rising investor uncertainty, which underscored the importance of monitoring key catalysts and fundamental shifts. These had the potential to ignite the anticipated upward momentum.

QS Weekly Technical Analysis: July 2025 Outlook

QuantumScape (QS) has completed a major pullback, marking the end of Wave II at the 3.40 low. After breaking above 9.52 and 13.86, the price signals the bearish cycle likely ended and an upward move has begun. Currently, the market appears to be forming an impulsive structure, labeled as Wave (1). It’s too early to confirm where Wave (1) will end, so stay alert and watch for the ideal chart pattern. After that, we expect a correction in 3, 7, or 11 swings to complete Wave (2) before another upward leg. This outlook remains valid as long as price stays above the 3.40 low.

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💡 Don’t wait! Elevate your trading game now. Trial us at: 🌐 elliottwave-forecast.comQuantumScape (QS) Bottoms Out: Wave II Ends, Bullish Cycle Begins

QuantumScape Corporation (QS) develops and commercializes solid-state lithium-metal batteries. These batteries power electric vehicles and other applications, delivering higher energy density and faster charging compared to traditional lithium-ion batteries.

QS Weekly Technical Analysis: March 2025 Outlook

QS weekly chart showing critical support break and potential final bearish phase before reversal

The price action of QS shares has broken a significant support level, indicating the continuation of a downward trend. Consequently, this bearish movement may represent the final phase of the current decline. Furthermore, this development sets the stage for the eventual emergence of a new bullish trend in the near future. Additionally, it reflects growing investor uncertainty, which, in turn, underscores the need to closely monitor upcoming catalysts or fundamental changes that could potentially ignite the anticipated upward momentum. Ultimately, this pivotal moment serves as a reminder of the dynamic and evolving nature of market trends.

Elliott Wave Structure Analysis for QS Stock

The stock completed a cycle as wave I at a high of 132.73. Since then, everything has been trending downward. The structure has developed a series of double corrections, progressively extending lower. The main double correction is composed of ((W)), ((X)), and ((Y)). Wave ((W)) ended at 19.12, and wave ((X)) concluded at 43.08. From there, the market has been operating in wave ((Y)), extending double corrections at a lesser degree.

The next three downward swings ended at 5.11 as wave (W), while wave (X) concluded at 13.86. The subsequent double correction completed wave W at 4.92 and wave X at 9.52, continuing to the downside. In the next group wave ((w)) ended at 4.65 and wave ((x)) at 6.94. From this point, we believe it is possible that we are in the final phase of these double corrections. The market has broken out of the range taking 4.65 low. We estimate a value of around $2 to complete the bearish cycle. This would finalize the structures of ((y)), Y, (Y), and ((Y)), along with wave II. This value is derived from the 100% Fibonacci extension calculated from the levels of waves ((w)) and ((x)). Therefore, for long-term investments in this company, one could consider looking for buying opportunities as the price approaches $2 per share. Trade Smart!

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