| PAVE latest price $24.2200 (3.06%) ($23.8200 - $24.2900) on Mon. Oct. 17, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 62 |
Latest Price | $24.2200(3.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.2% a day on average for past five trading days. |
Weekly Trend | PAVE advances 1.1% 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) IWM(89%) IWD(88%) IWO(88%) IFRA(87%) IWN(87%) |
Factors Impacting PAVE price | PAVE will decline at least -0.875% in a week (0% probabilities). UUP(-17%) VIXM(-12%) TBT(-11%) SHY(-9%) VXX(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1% |
| |
|
|