| PAVE latest price $16.0700 (2.23%) ($15.8200 - $16.1000) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 77 |
Latest Price | $16.0700(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.1% a day on average for past five trading days. |
Weekly Trend | PAVE advances 2.6% 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(90%) IWD(90%) IVE(88%) IWN(88%) SDY(88%) |
Factors Impacting PAVE price | PAVE will decline at least -1.255% in a week (0% probabilities). VIXM(-46%) UUP(-28%) VXX(-19%) TLT(-6%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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