Red single light object, stationary with quick changing travel patterns to other locations.Red light that hovered above Montpelier downtown during firework celebration. Seen from the top of National Life building. It hovered in place for 1-2 minutes, then would move to another random spot at a fast speed and hover again. No pattern or clear direction in movement, almost a zig zag pattern. But when it traveled it was a direct path. The only real visible shape was a round red light, same color as an airplane but not blinking and seemed to be very far away. At first observation, we thought it was a beacon on top of the building until it moved. After a time of about 20 minutes and prior to the fireworks ending, it simply flew away very fast heading northeast. There was no sound.