| QS latest price $7.6300 (9.47%) ($7.2000 - $7.8000) on Thu. Dec. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 78 |
Latest Price | $7.6300(9.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2% a day on average for past five trading days. |
Weekly Trend | QS advances 8.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) PAVE(83%) IVE(79%) XRT(79%) IWM(78%) IWN(78%) |
Factors Impacting QS price | QS will decline at least -2.115% in a week (0% probabilities). VIXM(-40%) TBT(-31%) UUP(-13%) SHY(6%) SPLV(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.115% (StdDev 4.23%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.7% |
| |
|
|