| PAVE latest price $13.7000 (3.09%) ($13.5000 - $13.7000) on Fri. May. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 63 |
Latest Price | $13.7000(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.6% a day on average for past five trading days. |
Weekly Trend | PAVE advances 2.3% 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 PAVE advance at 0% a week (0% probability) IFRA(92%) IWD(91%) IWN(90%) SDY(90%) IVE(89%) |
Factors Impacting PAVE price | PAVE will decline at least -2.375% in a week (0% probabilities). VIXM(-51%) UUP(-28%) VXX(-21%) TLT(-11%) SHY(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.375% (StdDev 4.75%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|