| QS latest price $18.5000 (-8.1%) ($18.1201 - $21.0000) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 21.96% (three month average) |
RSI | 86 |
Latest Price | $18.5000(-8.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 10.5% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -10.98% in a week (0% probabilities). DRIV(-7%) VIXM(-5%) 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 | -10.98% (StdDev 21.96%) |
Hourly BBV | 0 () |
Intraday Trend | -10.3% |
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