| QS latest price $7.3300 (0.55%) ($7.1800 - $7.5800) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 71 |
Latest Price | $7.3300(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.5% a day on average for past five trading days. |
Weekly Trend | QS advances 4.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IDRV(62%) IWO(55%) IWM(54%) JETS(54%) PEJ(54%) |
Factors Impacting QS price | QS will decline at least -1.8% in a week (0% probabilities). VXX(-28%) VIXM(-25%) TBT(-19%) UUP(-14%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 1 () |
Intraday Trend | -0.4% |
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