| QS latest price $56.1000 (-12.55%) ($55.5500 - $66.7500) on Mon. Dec. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.29% (three month average) |
RSI | 78 |
Latest Price | $56.1000(-12.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.8% a day on average for past five trading days. |
Weekly Trend | QS advances 51.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -6.145% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.145% (StdDev 12.29%) |
Hourly BBV | -1.4 () |
Intraday Trend | -9.8% |
| |
|
|