| QS latest price $15.7000 (6.44%) ($14.7600 - $15.7000) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.88% (three month average) |
RSI | 36 |
Latest Price | $15.7000(6.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 1.1% a day on average for past five trading days. |
Weekly Trend | QS declines -8.9% a week on average for past two weeks. |
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(14%) TAN(13%) XHB(13%) VFMO(12%) XBI(12%) |
Factors Impacting QS price | QS will decline at least -7.44% in a week (0% probabilities). VIXM(-7%) VXX(-5%) UUP(-5%) DRIV(-5%) TBT(-2%) |
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 | -7.44% (StdDev 14.88%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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