| QS latest price $9.5300 (8.54%) ($8.5450 - $9.5600) on Mon. Jul. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 69 |
Latest Price | $9.5300(8.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3.7% a day on average for past five trading days. |
Weekly Trend | QS advances 11.7% 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(63%) ARKK(61%) PEJ(58%) IWO(56%) ARKG(55%) |
Factors Impacting QS price | QS will decline at least -2.19% in a week (0% probabilities). VXX(-31%) VIXM(-27%) TBT(-24%) UUP(-16%) IGOV(3%) |
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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.6 () |
Intraday Trend | 8.8% |
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