| QS latest price $6.8000 (-2.02%) ($6.6600 - $6.9800) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 62 |
Latest Price | $6.8000(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.3% a day on average for past five trading days. |
Weekly Trend | QS advances 5.8% 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) DRIV(75%) SKYY(75%) DIA(97%) TAN(82%) ICLN(76%) |
Factors Impacting QS price | QS will decline at least -1.975% in a week (0% probabilities). TBT(-30%) VIXM(-13%) UUP(-9%) URA(-1%) 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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.1% |
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