| QS latest price $6.8300 (7.73%) ($6.1800 - $6.8400) on Fri. Dec. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 70 |
Latest Price | $6.8300(7.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.7% a day on average for past five trading days. |
Weekly Trend | QS advances 2.9% 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) TAN(84%) ICLN(76%) DRIV(75%) XRT(74%) SKYY(73%) |
Factors Impacting QS price | QS will decline at least -1.985% in a week (0% probabilities). TBT(-28%) VIXM(-20%) UUP(-11%) VXX(-9%) URA(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.985% (StdDev 3.97%) |
Hourly BBV | 1.9 () |
Intraday Trend | 8.4% |
| |
|
|