| QS latest price $20.1300 (-10.53%) ($20.1000 - $22.4000) on Tue. Sep. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 22.38% (three month average) |
RSI | 90 |
Latest Price | $20.1300(-10.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 14.4% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) XRT(11%) XAR(9%) TAN(8%) XBI(8%) XHB(8%) |
Factors Impacting QS price | QS will decline at least -11.19% in a week (0% probabilities). DRIV(-7%) VIXM(-6%) UUP(-4%) VXX(-3%) SPLV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -11.19% (StdDev 22.38%) |
Hourly BBV | 0 () |
Intraday Trend | -5% |
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