| QS latest price $14.1500 (9.27%) ($12.9801 - $14.2000) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.51% (three month average) |
RSI | 46 |
Latest Price | $14.1500(9.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.8% a day on average for past five trading days. |
Weekly Trend | QS declines -4.1% a week on average for past two weeks. |
Market Behavior | Normal 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(14%) TAN(13%) XHB(13%) VFMO(12%) XBI(12%) |
Factors Impacting QS price | QS will decline at least -6.255% in a week (0% probabilities). VIXM(-7%) VXX(-5%) UUP(-5%) VCSH(-2%) 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 | -6.255% (StdDev 12.51%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
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