| QS latest price $5.7500 (-3.52%) ($5.7300 - $5.9700) on Wed. Nov. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 44 |
Latest Price | $5.7500(-3.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.3% a day on average for past five trading days. |
Weekly Trend | QS advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) DRIV(83%) XRT(82%) TAN(80%) IBUY(79%) ICLN(79%) |
Factors Impacting QS price | QS will decline at least -1.655% in a week (0% probabilities). TBT(-33%) UUP(-21%) VXX(-6%) URA(2%) VIXM(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.655% (StdDev 3.31%) |
Hourly BBV | -1.5 () |
Intraday Trend | -3.7% |
| |
|
|