| QS latest price $6.9700 (6.09%) ($6.4000 - $7.0350) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 76 |
Latest Price | $6.9700(6.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | QS advances 0.2% a day on average for past five trading days. |
Weekly Trend | QS advances 8.2% 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) IDRV(87%) ICLN(83%) PAVE(82%) IWM(81%) IWN(80%) |
Factors Impacting QS price | QS will decline at least -2.035% in a week (0% probabilities). VIXM(-36%) VXX(-35%) TBT(-29%) UUP(-12%) SHY(4%) |
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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 1.2 () |
Intraday Trend | 6.1% |
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