| PAVE latest price $29.6600 (-0.2%) ($29.4200 - $29.9200) on Fri. Feb. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 61 |
Latest Price | $29.6600(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.8% 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 sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PAVE advance at 0% a week (0% probability) XLI(94%) IWM(87%) IWO(87%) IWD(85%) IWN(85%) |
Factors Impacting PAVE price | PAVE will decline at least -0.725% in a week (0% probabilities). VIXM(-58%) SHY(-26%) VXX(-18%) UUP(-17%) GLD(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.7% |
| |
|
|