| QS latest price $64.7600 (4.02%) ($62.3000 - $71.2500) on Mon. Feb. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.13% (three month average) |
RSI | 76 |
Latest Price | $64.7600(4.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.4% a day on average for past five trading days. |
Weekly Trend | QS advances 19.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(63%) IPO(62%) IWO(62%) ONLN(60%) IWC(59%) |
Factors Impacting QS price | QS will decline at least -7.565% in a week (0% probabilities). VIXM(-28%) UUP(-14%) VXX(-12%) IGOV(-7%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.565% (StdDev 15.13%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.5% |
| |
|
|