| QS latest price $6.4800 (-3.14%) ($6.4100 - $6.7300) on Mon. Oct. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.44% (three month average) |
RSI | 36 |
Latest Price | $6.4800(-3.14%) |
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 -3.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(79%) IDRV(79%) ARKK(78%) XRT(78%) ACES(75%) |
Factors Impacting QS price | QS will decline at least -2.72% in a week (0% probabilities). VXX(-31%) TBT(-29%) VIXM(-26%) UUP(-25%) GLD(10%) |
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 | -2.72% (StdDev 5.44%) |
Hourly BBV | -0.8 () |
Intraday Trend | -2.8% |
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