| QS latest price $7.3900 (4.53%) ($6.9600 - $7.4800) on Thu. Mar. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.93% (three month average) |
RSI | 31 |
Latest Price | $7.3900(4.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.3% a day on average for past five trading days. |
Weekly Trend | QS declines -10.7% 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) IDRV(61%) IBUY(53%) IWM(53%) IWO(53%) IWN(52%) |
Factors Impacting QS price | QS will decline at least -3.465% in a week (0% probabilities). VIXM(-21%) UUP(-14%) VXX(-13%) TBT(-12%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.465% (StdDev 6.93%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.4% |
| |
|
|