| QS latest price $16.7100 (-3.97%) ($16.6000 - $17.8750) on Thu. Feb. 10, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 57 |
Latest Price | $16.7100(-3.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.8% a day on average for past five trading days. |
Weekly Trend | QS advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(69%) IPO(68%) IWO(68%) IDRV(66%) ONLN(66%) |
Factors Impacting QS price | QS will decline at least -2.51% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-10%) TBT(-2%) TLT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.51% (StdDev 5.02%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.7% |
| |
|
|