| PAVE latest price $16.4600 (4.11%) ($16.3879 - $16.7400) on Fri. Jun. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 87 |
Latest Price | $16.4600(4.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 2.3% a day on average for past five trading days. |
Weekly Trend | PAVE advances 7.2% 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 PAVE advance at 0% a week (0% probability) IFRA(91%) IWD(90%) IVE(89%) IWN(89%) SDY(89%) |
Factors Impacting PAVE price | PAVE will decline at least -2.435% in a week (0% probabilities). VIXM(-49%) UUP(-28%) VXX(-21%) TLT(-9%) SHY(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.435% (StdDev 4.87%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|