| QS latest price $6.9100 (2.98%) ($6.6900 - $6.9450) on Fri. Aug. 25, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.15% (three month average) |
RSI | 23 |
Latest Price | $6.9100(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.3% a day on average for past five trading days. |
Weekly Trend | QS declines -6.2% 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) IBUY(77%) IDRV(77%) ARKK(76%) ACES(75%) TAN(75%) |
Factors Impacting QS price | QS will decline at least -3.075% in a week (0% probabilities). VXX(-36%) VIXM(-33%) TBT(-30%) UUP(-25%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.075% (StdDev 6.15%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.5% |
| |
|
|