| QS latest price $7.2900 (7.05%) ($6.6810 - $7.3800) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 75 |
Latest Price | $7.2900(7.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.6% 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 | 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) IDRV(62%) IWO(55%) IWM(54%) JETS(54%) PEJ(54%) |
Factors Impacting QS price | QS will decline at least -1.825% in a week (0% probabilities). VXX(-28%) VIXM(-25%) TBT(-19%) UUP(-14%) IGOV(0%) |
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 | -1.825% (StdDev 3.65%) |
Hourly BBV | 1.8 () |
Intraday Trend | 7.2% |
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