| QS latest price $29.1100 (-2.22%) ($27.3200 - $29.8700) on Tue. Nov. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 65 |
Latest Price | $29.1100(-2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.6% a day on average for past five trading days. |
Weekly Trend | QS advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(68%) IPO(67%) IWO(67%) IDRV(65%) IWM(65%) |
Factors Impacting QS price | QS will decline at least -2.395% in a week (0% probabilities). VIXM(-30%) UUP(-14%) VXX(-11%) IGOV(-3%) TLT(-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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.5% |
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