AAVE was also the weakest 1-day mover in the set at $85.75, down 6.06% on the day with a 1-day z-score of -2.62 and a cross-sectional rank of 14. That same-day drop sits against a still-strong 7-day gain of 19.4%, while the last hour was softer again at -0.52%.
That brings us to Aave. Aave's the most volatile name today, dropping 6.06 percent to 85.75 dollars and ranking as the weakest in the set. It's had a huge week (up 19.4 percent over 7 days), but pressure came right back overnight and it's…
Aave's the most volatile name today, dropping 6.06 percent to 85.75 dollars and ranking as the weakest in the set. It's had a huge week (up 19.4 percent over 7 days), but pressure came right back overnight and it's still soft in the last hour, down 0.52 percent. Support is barely hanging on at 85.76 dollars; resistance is close overhead at 86.00 dollars. If Aave can't stay above that 85.76 dollars support, the risk is a fast flush to the downside. If it holds, chop continues, but this is the name to watch for follow-through, either way.
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