| QS latest price $114.7700 (3.59%) ($112.1000 - $120.3300) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.52% (three month average) |
RSI | 79 |
Latest Price | $114.7700(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 9.9% a day on average for past five trading days. |
Weekly Trend | QS advances 39.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(58%) IWO(57%) IPO(56%) IWC(54%) IWM(54%) |
Factors Impacting QS price | QS will decline at least -6.76% in a week (0% probabilities). VIXM(-25%) UUP(-12%) VXX(-11%) EDOC(-4%) 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 | -6.76% (StdDev 13.52%) |
Hourly BBV | -2.4 () |
Intraday Trend | -0.2% |
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