| QS latest price $50.6400 (-7.32%) ($48.8700 - $54.9700) on Tue. Feb. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15% (three month average) |
RSI | 56 |
Latest Price | $50.6400(-7.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.4% a day on average for past five trading days. |
Weekly Trend | QS advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(63%) IWO(62%) IPO(61%) IWC(59%) ONLN(59%) |
Factors Impacting QS price | QS will decline at least -7.5% in a week (0% probabilities). VIXM(-27%) UUP(-13%) VXX(-12%) IGOV(-7%) TLT(-3%) |
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 | -7.5% (StdDev 15%) |
Hourly BBV | 0.3 () |
Intraday Trend | -6% |
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