QMAR in -0.38% downward trend, declining for three consecutive days on January 02, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where QMAR declined for three days, in of 186 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 48 cases where QMAR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on QMAR as a result. In of 59 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QMAR advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 352 cases where QMAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Unknown
QMAR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QMAR has been closely correlated with FMAR. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if QMAR jumps, then FMAR could also see price increases.
| Ticker / NAME | Correlation To QMAR | 1D Price Change % | ||
|---|---|---|---|---|
| QMAR | 100% | +0.80% | ||
| FMAR - QMAR | 92% Closely correlated | +0.30% | ||
| BALT - QMAR | 85% Closely correlated | +0.16% | ||
| HELO - QMAR | 84% Closely correlated | +0.46% | ||
| PAPR - QMAR | 80% Closely correlated | +0.43% | ||
| FJAN - QMAR | 78% Closely correlated | +0.04% | ||
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