| QS latest price $6.0900 (7.22%) ($5.7700 - $6.1100) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 46 |
Latest Price | $6.0900(7.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 3% a day on average for past five trading days. |
Weekly Trend | QS declines -5.8% 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) DRIV(83%) IBUY(79%) IDRV(79%) XRT(78%) ARKK(77%) |
Factors Impacting QS price | QS will decline at least -1.72% in a week (0% probabilities). TBT(-31%) UUP(-22%) VXX(-17%) VIXM(-8%) URA(6%) |
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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.3% |
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