| PAVE latest price $16.8300 (1.51%) ($16.5300 - $16.8600) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 70 |
Latest Price | $16.8300(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 1.4% a day on average for past five trading days. |
Weekly Trend | PAVE advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) IWN(89%) IVE(88%) SDY(88%) |
Factors Impacting PAVE price | PAVE will decline at least -1.21% 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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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