| QS latest price $37.6300 (21.31%) ($31.6000 - $38.6800) on Mon. Nov. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 74 |
Latest Price | $37.6300(21.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 5.1% a day on average for past five trading days. |
Weekly Trend | QS advances 14.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(69%) IPO(67%) IWO(67%) ONLN(66%) IDRV(65%) |
Factors Impacting QS price | QS will decline at least -2.74% in a week (0% probabilities). VIXM(-30%) UUP(-15%) VXX(-11%) TLT(-2%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.74% (StdDev 5.48%) |
Hourly BBV | 1.8 () |
Intraday Trend | 19.1% |
| |
|
|