| QS latest price $16.6500 (-0.6%) ($16.5000 - $17.0900) on Thu. Oct. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 16.18% (three month average) |
RSI | 47 |
Latest Price | $16.6500(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.8% a day on average for past five trading days. |
Weekly Trend | QS declines -3.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(15%) XHB(14%) TAN(13%) VFMO(13%) XAR(12%) |
Factors Impacting QS price | QS will decline at least -8.09% in a week (0% probabilities). VIXM(-8%) VXX(-5%) UUP(-5%) DRIV(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -8.09% (StdDev 16.18%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|