Taking everything into account, PAVE scores 2 out of 10 in our technical rating. PAVE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of PAVE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.92
When analyzing the support we can see 3 important areas.
- Support @46.41 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.01 to 45.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @42.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 46.87 to 47.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.27 to 48.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAVE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAVE is down. |
| ChartMill Relative Strength | 53.72 | NEUTRAL | PAVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAVE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for PAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PAVE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests PAVE may be oversold. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for PAVE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for PAVE suggests a weak or negative trend. |
46.45
+0.94 (+2.07%)
GLOBAL X US INFRASTRUCTURE / PAVE FAQ
What is the technical rating for PAVE stock?
ChartMill assigns a technical rating of 2 / 10 to PAVE.
What is the trend direction for PAVE stock?
The current trend direction for GLOBAL X US INFRASTRUCTURE (PAVE) is Bullish.
Can you provide the RSI signal for GLOBAL X US INFRASTRUCTURE?
GLOBAL X US INFRASTRUCTURE (PAVE) has an RSI value of 43.2207. This indicates that the stock is currently neutral.
What is the MACD signal for GLOBAL X US INFRASTRUCTURE (PAVE) stock?
The MACD indicator for GLOBAL X US INFRASTRUCTURE (PAVE) has a value of -0.230294, indicating a bearish trend.
Can you provide the short term momentum for GLOBAL X US INFRASTRUCTURE?
The short term momentum for GLOBAL X US INFRASTRUCTURE (PAVE) is negative.