| QS latest price $6.2000 (5.8%) ($5.8250 - $6.2200) on Wed. May. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 30 |
Latest Price | $6.2000(5.8%) |
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 -4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IDRV(62%) IWO(56%) IWM(55%) IWN(53%) JETS(53%) |
Factors Impacting QS price | QS will decline at least -1.78% in a week (0% probabilities). VXX(-28%) VIXM(-26%) TBT(-18%) UUP(-14%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.78% (StdDev 3.56%) |
Hourly BBV | 2 () |
Intraday Trend | 5.3% |
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