| QS latest price $6.4300 (3.54%) ($6.2500 - $6.5800) on Tue. Oct. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 43 |
Latest Price | $6.4300(3.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 1.1% a day on average for past five trading days. |
Weekly Trend | QS declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QS advance at 0% a week (0% probability) IBUY(79%) IDRV(79%) ARKK(78%) XRT(78%) ACES(76%) |
Factors Impacting QS price | QS will decline at least -2.7% in a week (0% probabilities). VXX(-30%) TBT(-29%) VIXM(-24%) UUP(-24%) EDOC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.7% (StdDev 5.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.9% |
| |
|
|