| QS latest price $10.2400 (2.09%) ($10.1700 - $10.9600) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.79% (three month average) |
RSI | 57 |
Latest Price | $10.2400(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2% a day on average for past five trading days. |
Weekly Trend | QS advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(61%) IDRV(61%) IWO(61%) IPO(60%) IWM(59%) |
Factors Impacting QS price | QS will decline at least -2.895% in a week (0% probabilities). VIXM(-16%) UUP(-14%) VXX(-7%) TBT(-2%) 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 | -2.895% (StdDev 5.79%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.1% |
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