| QS latest price $7.6200 (-3.42%) ($7.4650 - $8.0400) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 70 |
Latest Price | $7.6200(-3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 2.4% a day on average for past five trading days. |
Weekly Trend | QS advances 5.7% 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) IDRV(62%) IWO(56%) PEJ(56%) IWM(55%) IWN(53%) |
Factors Impacting QS price | QS will decline at least -2.06% in a week (0% probabilities). VXX(-26%) VIXM(-23%) TBT(-19%) UUP(-15%) EDOC(-14%) |
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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 0.9 () |
Intraday Trend | -4.8% |
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