| QS latest price $7.9900 (2.17%) ($7.8300 - $8.1400) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 62 |
Latest Price | $7.9900(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.2% a day on average for past five trading days. |
Weekly Trend | QS advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IDRV(63%) ARKK(61%) PEJ(57%) IWO(56%) ARKG(55%) |
Factors Impacting QS price | QS will decline at least -2.185% in a week (0% probabilities). VXX(-29%) VIXM(-26%) TBT(-22%) UUP(-14%) EDOC(-7%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 1 () |
Intraday Trend | 1.1% |
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