| PAVE latest price $31.4300 (0.77%) ($31.2200 - $31.5400) on Fri. Jun. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 77 |
Latest Price | $31.4300(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.9% a day on average for past five trading days. |
Weekly Trend | PAVE advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PAVE advance at 0% a week (0% probability) XLI(92%) IFRA(87%) IWM(87%) XHB(87%) IWD(86%) |
Factors Impacting PAVE price | PAVE will decline at least -0.625% in a week (0% probabilities). VXX(-59%) VIXM(-51%) TBT(-34%) UUP(-30%) EDOC(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0% |
| |
|
|