Quantum-Si Incorporated stock surged 23.13% intraday on September 29, jumping from a $0.795 close to $0.9789. The session remains open, so this is not a settled close. The size of the move raises a pressing question: genuine trend shift or overbought spike?

Key takeaways

• QSI shares surged 23.13% intraday to $0.9789 on September 29, with the session still active
• Daily RSI14 reached 70.72 and hourly RSI14 hit 74.7, both firmly in overbought territory
• Price cleared the 20-day and 50-day EMAs but faces critical resistance at the 200-day EMA ($1.01)
• Hourly charts confirm bullish momentum while warning of stretched positioning near the $1.00 upper Bollinger Band
• CFO Jeffry…