| QS latest price $64.1500 (-16.26%) ($63.6900 - $73.2000) on Fri. Dec. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.15% (three month average) |
RSI | 82 |
Latest Price | $64.1500(-16.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 7.3% a day on average for past five trading days. |
Weekly Trend | QS advances 59.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(56%) IWO(55%) IPO(53%) IWC(52%) IWM(52%) |
Factors Impacting QS price | QS will decline at least -6.075% in a week (0% probabilities). VIXM(-24%) VXX(-11%) UUP(-11%) IGOV(-3%) TLT(-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 | -6.075% (StdDev 12.15%) |
Hourly BBV | -1.8 () |
Intraday Trend | -10.9% |
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