| QS latest price $6.3100 (10.12%) ($6.1300 - $6.8250) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 59 |
Latest Price | $6.3100(10.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.1% a day on average for past five trading days. |
Weekly Trend | QS advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) TAN(80%) DRIV(76%) ICLN(76%) XHB(74%) XRT(74%) |
Factors Impacting QS price | QS will decline at least -1.91% in a week (0% probabilities). TBT(-29%) EDOC(-26%) VIXM(-15%) UUP(-10%) VXX(-6%) |
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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 1 () |
Intraday Trend | 2.3% |
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