| QS latest price $7.0600 (-4.98%) ($6.8800 - $7.4450) on Wed. Jun. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 60 |
Latest Price | $7.0600(-4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 1.4% a day on average for past five trading days. |
Weekly Trend | QS advances 6.9% 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(64%) IWO(56%) PEJ(56%) IBUY(55%) IWM(55%) |
Factors Impacting QS price | QS will decline at least -2.09% in a week (0% probabilities). VXX(-27%) VIXM(-25%) TBT(-20%) UUP(-16%) EDOC(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.09% (StdDev 4.18%) |
Hourly BBV | -1.2 () |
Intraday Trend | -4.6% |
| |
|
|