| QS latest price $22.5200 (-1.01%) ($22.1100 - $22.9200) on Thu. Aug. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 53 |
Latest Price | $22.5200(-1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.5% a day on average for past five trading days. |
Weekly Trend | QS advances 1.1% 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(67%) IPO(66%) IWO(66%) ONLN(64%) IDRV(63%) |
Factors Impacting QS price | QS will decline at least -2.27% in a week (0% probabilities). VIXM(-31%) UUP(-14%) VXX(-12%) TLT(-4%) IGOV(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 | -2.27% (StdDev 4.54%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.4% |
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