| PAVE latest price $31.1900 (1.1%) ($30.7100 - $31.2200) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 75 |
Latest Price | $31.1900(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PAVE advances 0.6% a day on average for past five trading days. |
Weekly Trend | PAVE advances 1.7% 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) XLI(91%) IFRA(87%) IWM(87%) XHB(87%) IWO(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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.2% |
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