| QS latest price $6.2300 (-2.5%) ($6.0800 - $6.2900) on Tue. May. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.97% (three month average) |
RSI | 20 |
Latest Price | $6.2300(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.2% a day on average for past five trading days. |
Weekly Trend | QS declines -8.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IDRV(62%) IWM(56%) IWO(56%) IWN(54%) IBUY(53%) |
Factors Impacting QS price | QS will decline at least -2.985% in a week (0% probabilities). VXX(-29%) VIXM(-26%) TBT(-18%) UUP(-15%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.985% (StdDev 5.97%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.3% |
| |
|
|