| QS latest price $23.5000 (8.65%) ($20.5100 - $25.0000) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13% (three month average) |
RSI | 85 |
Latest Price | $23.5000(8.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 6.2% a day on average for past five trading days. |
Weekly Trend | QS advances 25.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) TAN(14%) XRT(13%) XBI(12%) XHB(12%) VFMO(11%) |
Factors Impacting QS price | QS will decline at least -6.5% in a week (0% probabilities). VIXM(-5%) VXX(-4%) UUP(-4%) XLE(-2%) VCSH(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -6.5% (StdDev 13%) |
Hourly BBV | 0 () |
Intraday Trend | 12% |
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