Global X U.S. Infrastructure Development ETF technical analysis
Technical analysis of Global X U.S. Infrastructure Development ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Global X U.S. Infrastructure Development ETF
PAVE is an ETF that tracks a stock index composed of U.S. listed companies active in domestic infrastructure development. The fund invests at least 80% of its assets in securities of the underlying index, which includes companies involved in construction and engineering, production of infrastructure raw materials and products, industrial transportation, and manufacturers of heavy construction equipment.
Description generated automatically from public sources; it may be inaccurate or out of date.
Global X U.S. Infrastructure Development ETF: latest session data
Closing values for October 16, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
53.29 $
−0.95%
50 sessions
54.71 $
−3.51%
200 sessions
54.54 $
−3.22%
Session levels
s2
51.59
Support
s1
52.27
Support
pivot
52.61
Pivot
r1
53.29
Resistance
r2
53.63
Resistance
How to read it
In the October 16, 2026 session Global X U.S. Infrastructure Development ETF closed lower at 52.78 $, −0.31% versus the previous session.
The price sits below every moving average observed: −0.95% against the 21-session average, −3.51% against the 50 and −3.22% against the 200.
The 14-period RSI reads 41.6, in neutral territory.
MACD stands at -0.361 against a signal line at -0.395: the histogram is positive (+0.034).
ADX reads 27.2, indicating a marked directionality.
Levels computed on the latest session place supports at 52.27 and 51.59 $ and resistances at 53.29 and 53.63 $, around a pivot of 52.61.
The average daily range (ATR) is 0.899 $, or 1.70% of price.
Turnover was 1.8M shares, 115% of the 20-session average.
Over the last twelve months the price ranged between 51.93 and 60.32 $, and today stands −12.50% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the PAVE analysis.
How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Global X U.S. Infrastructure Development ETF
How is Global X U.S. Infrastructure Development ETF analysed technically?
Technical analysis of Global X U.S. Infrastructure Development ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Global X U.S. Infrastructure Development ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Global X U.S. Infrastructure Development ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Global X U.S. Infrastructure Development ETF it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.