| QS latest price $12.2400 (2.09%) ($11.8400 - $12.5150) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 59 |
Latest Price | $12.2400(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 1.7% a day on average for past five trading days. |
Weekly Trend | QS advances 3.7% 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) IBUY(65%) IWO(64%) IDRV(63%) IPO(63%) IWM(62%) |
Factors Impacting QS price | QS will decline at least -2.87% in a week (0% probabilities). VIXM(-21%) UUP(-14%) VXX(-8%) TBT(-3%) TLT(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 | -2.87% (StdDev 5.74%) |
Hourly BBV | -0.6 () |
Intraday Trend | -8% |
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