| QS latest price $31.0200 (-1.71%) ($30.3700 - $31.8200) on Fri. Nov. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 68 |
Latest Price | $31.0200(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 1.4% a day on average for past five trading days. |
Weekly Trend | QS advances 12.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(68%) IPO(67%) IWO(67%) IDRV(65%) IWM(65%) |
Factors Impacting QS price | QS will decline at least -2.42% in a week (0% probabilities). VIXM(-30%) UUP(-14%) VXX(-11%) IGOV(-3%) 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 | -2.42% (StdDev 4.84%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.9% |
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